Futuristic Solutions Dividend
Dividend criteria checks 3/6
Futuristic Solutions is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
74%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Earnings per share | ₹1.30 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 534063 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 534063's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Futuristic Solutions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (534063) | 1.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Diversified Financial) | 1.4% |
| Analyst forecast (534063) (up to 3 years) | n/a |
Notable Dividend: 534063's dividend (1.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 534063's dividend (1.33%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.1%), 534063's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (189.4%), 534063's dividend payments are not well covered by cash flows.