Patanjali Foods Limited

BSE:500368 Stock Report

Market Cap: ₹536.9b

Patanjali Foods Dividend

Dividend criteria checks 3/6

Patanjali Foods is a dividend paying company with a current yield of 0.41% that is well covered by earnings.

Key information

0.4%

Dividend yield

28%

Payout ratio

Industry average yield1.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₹21.14
Dividend yield forecast in 3Y0.4%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, 500368 has been paying a dividend for less than 10 years.

Growing Dividend: 500368's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Patanjali Foods Dividend Yield vs Market
How does 500368 dividend yield compare to the market?
SegmentDividend Yield
Company (500368)0.4%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.1%
Industry Average (Food)1.0%
Analyst forecast in 3 Years (500368)0.4%

Notable Dividend: 500368's dividend (0.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).

High Dividend: 500368's dividend (0.41%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.4%), 500368's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (13.2%), 500368's dividend payments are thoroughly covered by cash flows.


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