First Custodian Fund (India) Dividend
Dividend criteria checks 3/6
First Custodian Fund (India) is a dividend paying company with a current yield of 1.63% that is well covered by earnings.
Key information
1.6%
Dividend yield
49%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹5.65 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 511122's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 511122's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
First Custodian Fund (India) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (511122) | 1.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Capital Markets) | 1.4% |
Analyst forecast in 3 Years (511122) | n/a |
Notable Dividend: 511122's dividend (1.63%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 511122's dividend (1.63%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.8%), 511122's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 511122 is paying a dividend but the company has no free cash flows.