Nippon Life India Asset Management is a dividend paying company with a current yield of 2.55%. Next payment date is on 11th August, 2024 with an ex-dividend date of 28th June, 2024.
Key information
2.6%
Dividend yield
93%
Payout ratio
Industry average yield
1.4%
Next dividend pay date
11 Aug 24
Ex dividend date
28 Jun 24
Dividend per share
n/a
Earnings per share
₹17.54
Dividend yield forecast in 3Y
3.1%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 540767 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540767's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Nippon Life India Asset Management Dividend Yield vs Market
How does 540767 dividend yield compare to the market?
Segment
Dividend Yield
Company (540767)
2.6%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.1%
Industry Average (Capital Markets)
1.4%
Analyst forecast in 3 Years (540767)
3.1%
Notable Dividend: 540767's dividend (2.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 540767's dividend (2.55%) 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 (93.2%), 540767's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136%), 540767's dividend payments are not well covered by cash flows.