Nippon Life India Asset Management Dividend
Dividend criteria checks 2/6
Nippon Life India Asset Management is a dividend paying company with a current yield of 2.55%. Next payment date is on 11th August, 2024 with an ex-dividend date of 28th June, 2024.
Key information
2.6%
Dividend yield
93%
Payout ratio
Industry average yield | 1.4% |
Next dividend pay date | 11 Aug 24 |
Ex dividend date | 28 Jun 24 |
Dividend per share | n/a |
Earnings per share | ₹17.54 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability 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 6 years.
Dividend Yield vs Market
Nippon Life India Asset Management Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NAM-INDIA) | 2.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Capital Markets) | 1.4% |
Analyst forecast in 3 Years (NAM-INDIA) | 3.1% |
Notable Dividend: NAM-INDIA's dividend (2.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: NAM-INDIA's dividend (2.55%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (93.2%), NAM-INDIA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (136%), NAM-INDIA's dividend payments are not well covered by cash flows.