India Tourism Development Dividend
Dividend criteria checks 3/6
India Tourism Development is a dividend paying company with a current yield of 0.34% that is well covered by earnings.
Key information
0.3%
Dividend yield
27%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹8.03 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Under The Bonnet, India Tourism Development's (NSE:ITDC) Returns Look Impressive
Apr 08India Tourism Development Corporation Limited's (NSE:ITDC) Share Price Could Signal Some Risk
Jan 16Returns On Capital Are Showing Encouraging Signs At India Tourism Development (NSE:ITDC)
Oct 18Can You Imagine How India Tourism Development's (NSE:ITDC) Shareholders Feel About The 41% Share Price Increase?
Feb 28Will The ROCE Trend At India Tourism Development (NSE:ITDC) Continue?
Nov 15Returns On Capital - An Important Metric For India Tourism Development (NSE:ITDC)
Aug 03Would India Tourism Development Corporation Limited (NSE:ITDC) Be Valuable To Income Investors?
Jul 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ITDC's dividend payments have been volatile in the past 10 years.
Growing Dividend: ITDC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
India Tourism Development Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ITDC) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Hospitality) | 0.4% |
Analyst forecast in 3 Years (ITDC) | n/a |
Notable Dividend: ITDC's dividend (0.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: ITDC's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), ITDC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ITDC is paying a dividend but the company has no free cash flows.