UTI Asset Management Dividend
Dividend criteria checks 3/6
UTI Asset Management is a dividend paying company with a current yield of 2.38% that is well covered by earnings.
Key information
2.4%
Dividend yield
64%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹54.11 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 543238 has been paying a dividend for less than 10 years.
Growing Dividend: 543238's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
UTI Asset Management Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (543238) | 2.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Capital Markets) | 1.3% |
Analyst forecast in 3 Years (543238) | 3.5% |
Notable Dividend: 543238's dividend (2.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 543238's dividend (2.38%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.8%), 543238's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (129.7%), 543238's dividend payments are not well covered by cash flows.