Nippon Life India Asset Management Dividends and Buybacks
Dividend criteria checks 2/6
Nippon Life India Asset Management is a dividend paying company with a current yield of 2.8%.
Key information
2.8%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 5.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹19.000 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Recent updates
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 7 years.
Dividend Yield vs Market
| Nippon Life India Asset Management Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540767) | 2.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (540767) (up to 3 years) | 3.5% |
Notable Dividend: 540767's dividend (2.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 540767's dividend (2.8%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.6%), 540767's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (128.3%), 540767's dividend payments are not well covered by cash flows.