Joindre Capital Services Dividends and Buybacks
Dividend criteria checks 2/6
Joindre Capital Services is a dividend paying company with a current yield of 3.44%.
Key information
3.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 565% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 531861 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 531861's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Joindre Capital Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (531861) | 3.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (531861) (up to 3 years) | n/a |
Notable Dividend: 531861's dividend (3.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 531861's dividend (3.44%) is in the top 25% of dividend payers in the Indian market (1.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (565%), 531861's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 531861 is paying a dividend but the company has no free cash flows.