VST Industries Dividend
Dividend criteria checks 5/6
VST Industries is a dividend paying company with a current yield of 3.48% that is well covered by earnings. Next payment date is on 24th August, 2024 with an ex-dividend date of 14th June, 2024.
Key information
3.5%
Dividend yield
77%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | 24 Aug 24 |
Ex dividend date | 14 Jun 24 |
Dividend per share | n/a |
Earnings per share | ₹195.29 |
Dividend yield forecast in 3Y | 4.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 509966's dividends per share have been stable in the past 10 years.
Growing Dividend: 509966's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
VST Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (509966) | 3.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Tobacco) | 3.9% |
Analyst forecast in 3 Years (509966) | 4.8% |
Notable Dividend: 509966's dividend (3.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 509966's dividend (3.48%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.8%), 509966's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (318.7%), 509966's dividend payments are not well covered by cash flows.