Likhitha Infrastructure Dividend
Dividend criteria checks 3/6
Likhitha Infrastructure is a dividend paying company with a current yield of 0.4% that is well covered by earnings. Next payment date is on 24th October, 2024 with an ex-dividend date of 17th September, 2024.
Key information
0.4%
Dividend yield
9%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | 24 Oct 24 |
| Ex dividend date | 17 Sep 24 |
| Dividend per share | ₹1.500 |
| Earnings per share | ₹16.90 |
| Dividend yield forecast | n/a |
Recent dividend updates
Likhitha Infrastructure (NSE:LIKHITHA) Has Announced A Dividend Of ₹1.50
Sep 06
Likhitha Infrastructure (NSE:LIKHITHA) Will Pay A Larger Dividend Than Last Year At ₹1.50
Sep 07Recent updates
Likhitha Infrastructure (NSE:LIKHITHA) Has Announced A Dividend Of ₹1.50
Sep 06A Piece Of The Puzzle Missing From Likhitha Infrastructure Limited's (NSE:LIKHITHA) 25% Share Price Climb
Jun 12We Think You Should Be Aware Of Some Concerning Factors In Likhitha Infrastructure's (NSE:LIKHITHA) Earnings
Jun 07A Piece Of The Puzzle Missing From Likhitha Infrastructure Limited's (NSE:LIKHITHA) 29% Share Price Climb
Apr 20If EPS Growth Is Important To You, Likhitha Infrastructure (NSE:LIKHITHA) Presents An Opportunity
Oct 27Likhitha Infrastructure (NSE:LIKHITHA) Will Pay A Larger Dividend Than Last Year At ₹1.50
Sep 07Likhitha Infrastructure (NSE:LIKHITHA) Looks To Prolong Its Impressive Returns
Aug 15Here's Why Likhitha Infrastructure (NSE:LIKHITHA) Has Caught The Eye Of Investors
Feb 28Shareholders Are Optimistic That Likhitha Infrastructure (NSE:LIKHITHA) Will Multiply In Value
Dec 27Some Investors May Be Worried About Likhitha Infrastructure's (NSE:LIKHITHA) Returns On Capital
Aug 27Investors Shouldn't Overlook The Favourable Returns On Capital At Likhitha Infrastructure (NSE:LIKHITHA)
Feb 14Should You Be Adding Likhitha Infrastructure (NSE:LIKHITHA) To Your Watchlist Today?
Jan 25Robust Earnings May Not Tell The Whole Story For Likhitha Infrastructure (NSE:LIKHITHA)
Jun 18A Piece Of The Puzzle Missing From Likhitha Infrastructure Limited's (NSE:LIKHITHA) 27% Share Price Climb
Feb 12Is Likhitha Infrastructure Limited's(NSE:LIKHITHA) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 15
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LIKHITHA has been paying a dividend for less than 10 years.
Growing Dividend: LIKHITHA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Likhitha Infrastructure Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LIKHITHA) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Energy Services) | 0.3% |
| Analyst forecast (LIKHITHA) (up to 3 years) | n/a |
Notable Dividend: LIKHITHA's dividend (0.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: LIKHITHA's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9%), LIKHITHA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.6%), LIKHITHA's dividend payments are covered by cash flows.