Nippon Life India Asset Management Dividends and Buybacks
Dividend criteria checks 2/6
Nippon Life India Asset Management is a dividend paying company with a current yield of 2.82%. Next payment date is on 23rd November, 2024 with an ex-dividend date of 6th November, 2024.
Key information
2.8%
Dividend yield
-0.5%
Buyback Yield
| Total Shareholder Yield | 2.3% |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 5.4% |
| Next dividend pay date | 23 Nov 24 |
| Ex dividend date | 06 Nov 24 |
| Dividend per share | ₹19.000 |
| Payout ratio | 91% |
Recent dividend and buyback updates
Nippon Life India Asset Management (NSE:NAM-INDIA) Will Pay A Dividend Of ₹8.00
Oct 27
Nippon Life India Asset Management (NSE:NAM-INDIA) Is Increasing Its Dividend To ₹5.50
Nov 02Recent updates
Nippon Life India Asset Management (NSE:NAM-INDIA) Will Pay A Dividend Of ₹8.00
Oct 27Investor Optimism Abounds Nippon Life India Asset Management Limited (NSE:NAM-INDIA) But Growth Is Lacking
Sep 14Should You Be Adding Nippon Life India Asset Management (NSE:NAM-INDIA) To Your Watchlist Today?
Aug 18Nippon Life India Asset Management Limited Just Recorded A 23% Revenue Beat: Here's What Analysts Think
Jul 22There's Reason For Concern Over Nippon Life India Asset Management Limited's (NSE:NAM-INDIA) Price
Feb 27Nippon Life India Asset Management (NSE:NAM-INDIA) Is Increasing Its Dividend To ₹5.50
Nov 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NAM-INDIA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NAM-INDIA's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Nippon Life India Asset Management Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NAM-INDIA) | 2.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (NAM-INDIA) (up to 3 years) | 3.5% |
Notable Dividend: NAM-INDIA's dividend (2.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: NAM-INDIA's dividend (2.82%) is in the top 25% of dividend payers in the Indian market (1.14%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.6%), NAM-INDIA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (128.3%), NAM-INDIA's dividend payments are not well covered by cash flows.