CreditAccess Grameen Dividends and Buybacks
Dividend criteria checks 2/6
CreditAccess Grameen is a dividend paying company with a current yield of 1.08% that is well covered by earnings.
Key information
1.1%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 1.0% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹10.000 |
| Payout ratio | 11% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 541770's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 541770's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| CreditAccess Grameen Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (541770) | 1.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Consumer Finance) | 0.7% |
| Analyst forecast (541770) (up to 3 years) | 0.5% |
Notable Dividend: 541770's dividend (1.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 541770's dividend (1.08%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11%), 541770's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 541770 is paying a dividend but the company has no free cash flows.