Indo Thai Securities Dividend
Dividend criteria checks 1/6
Indo Thai Securities is a dividend paying company with a current yield of 0.22% that is well covered by earnings. Next payment date is on 28th October, 2024 with an ex-dividend date of 20th September, 2024.
Key information
0.2%
Dividend yield
10%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | 28 Oct 24 |
| Ex dividend date | 20 Sep 24 |
| Dividend per share | ₹1.200 |
| Earnings per share | ₹17.20 |
| Dividend yield forecast | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: INDOTHAI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: INDOTHAI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Indo Thai Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDOTHAI) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (INDOTHAI) (up to 3 years) | n/a |
Notable Dividend: INDOTHAI's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: INDOTHAI's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.4%), INDOTHAI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: INDOTHAI is paying a dividend but the company has no free cash flows.