Gretex Services Dividends and Buybacks
Dividend criteria checks 1/6
Gretex Services is a dividend paying company with a current yield of 0.12% that is well covered by earnings. Next payment date is on 7th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
0.1%
Dividend yield
-2.6%
Buyback Yield
| Total Shareholder Yield | -2.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -44.5% |
| Next dividend pay date | 07 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | ₹0.600 |
| Payout ratio | 2% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 543324's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543324's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Gretex Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543324) | 0.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (543324) (up to 3 years) | n/a |
Notable Dividend: 543324's dividend (0.12%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543324's dividend (0.12%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (1.8%), 543324's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 543324 is paying a dividend but the company has no free cash flows.