Nuvama Wealth Management Dividends and Buybacks
Dividend criteria checks 2/6
Nuvama Wealth Management is a dividend paying company with a current yield of 2.51%. Next payment date is on 23rd November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
2.5%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | n/a |
| Next dividend pay date | 23 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | ₹163.000 |
| Payout ratio | n/a |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 543988's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543988's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Nuvama Wealth Management Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543988) | 2.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (543988) (up to 3 years) | 2.3% |
Notable Dividend: 543988's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543988's dividend (2.51%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 543988's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 543988 is paying a dividend but the company has no free cash flows.