Dolat Algotech Dividends and Buybacks
Dividend criteria checks 3/6
Dolat Algotech is a dividend paying company with a current yield of 0.28% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
0.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.2% |
| Next dividend pay date | 11 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | ₹0.350 |
| Payout ratio | 2% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 505526 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 505526's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Dolat Algotech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (505526) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (505526) (up to 3 years) | n/a |
Notable Dividend: 505526's dividend (0.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 505526's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.5%), 505526's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.2%), 505526's dividend payments are well covered by cash flows.