Nuvama Wealth Management Limited

BSE:543988 Stock Report

Market Cap: ₹250.2b

Nuvama Wealth Management Dividends and Buybacks

Dividend criteria checks 2/6

Nuvama Wealth Management is a dividend paying company with a current yield of 2.33%. Next payment date is on 23rd November, 2024 with an ex-dividend date of 7th November, 2024.

Key information

2.3%

Dividend yield

-0.3%

Buyback Yield

Total Shareholder Yield2.0%
Future Dividend Yield2.2%
Dividend Growthn/a
Next dividend pay date23 Nov 24
Ex dividend date07 Nov 24
Dividend per share₹163.000
Payout ration/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
How does 543988 dividend yield compare to the market?
SegmentDividend Yield
Company (543988)2.3%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Capital Markets)1.1%
Analyst forecast (543988) (up to 3 years)2.2%

Notable Dividend: 543988's dividend (2.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).

High Dividend: 543988's dividend (2.33%) is in the top 25% of dividend payers in the Indian market (1.08%)


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.


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