Aditya Birla Sun Life AMC Dividend
Dividend criteria checks 4/6
Aditya Birla Sun Life AMC is a dividend paying company with a current yield of 2.51% that is well covered by earnings.
Key information
2.5%
Dividend yield
50%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹27.09 |
Dividend yield forecast in 3Y | 3.4% |
Recent dividend updates
Recent updates
Earnings Update: Here's Why Analysts Just Lifted Their Aditya Birla Sun Life AMC Limited (NSE:ABSLAMC) Price Target To ₹552
May 01Results: Aditya Birla Sun Life AMC Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 01Aditya Birla Sun Life AMC Limited's (NSE:ABSLAMC) Low P/E No Reason For Excitement
Feb 28Analysts Have Lowered Expectations For Aditya Birla Sun Life AMC Limited (NSE:ABSLAMC) After Its Latest Results
Jul 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ABSLAMC has been paying a dividend for less than 10 years.
Growing Dividend: ABSLAMC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Aditya Birla Sun Life AMC Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ABSLAMC) | 2.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Capital Markets) | 1.5% |
Analyst forecast in 3 Years (ABSLAMC) | 3.4% |
Notable Dividend: ABSLAMC's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: ABSLAMC's dividend (2.51%) is in the top 25% of dividend payers in the Indian market (1.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.8%), ABSLAMC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.4%), ABSLAMC's dividend payments are covered by cash flows.