Ponni Sugars (Erode) Dividend
Dividend criteria checks 4/6
Ponni Sugars (Erode) is a dividend paying company with a current yield of 1.58% that is well covered by earnings. Next payment date is on 12th June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
1.6%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 12 Jun 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₹54.50 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532460's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532460's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ponni Sugars (Erode) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532460) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Food) | 1.1% |
| Analyst forecast in 3 Years (532460) | n/a |
Notable Dividend: 532460's dividend (1.58%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532460's dividend (1.58%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), 532460's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (537.4%), 532460's dividend payments are not well covered by cash flows.