NIIT Learning Systems Dividend
Dividend criteria checks 2/6
NIIT Learning Systems is a dividend paying company with a current yield of 1.06%.
Key information
1.1%
Dividend yield
n/a
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹15.70 |
Dividend yield forecast in 3Y | 0% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NIITMTS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NIITMTS's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
NIIT Learning Systems Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NIITMTS) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Consumer Services) | 1.1% |
Analyst forecast in 3 Years (NIITMTS) | 0% |
Notable Dividend: NIITMTS's dividend (1.06%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: NIITMTS's dividend (1.06%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate NIITMTS's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43%), NIITMTS's dividend payments are well covered by cash flows.