Dwarikesh Sugar Industries

BSE:532610 Stock Report

Mkt Cap: ₹17.9b

Dwarikesh Sugar Industries Dividend

What is Dwarikesh Sugar Industries's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.10%

Current Dividend Yield

Dividend Yield vs Market

Dwarikesh Sugar Industries Dividend Yield vs Market
How does 532610 dividend yield compare to the market?
SegmentDividend Yield
Company (532610)2.1%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Food)1.0%
Analyst forecast in 3 Years (532610)n/a

Notable Dividend: 532610's dividend (2.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: 532610's dividend (2.1%) is in the top 25% of dividend payers in the Indian market (1.59%)


Stability and Growth of Payments

Stable Dividend: 532610 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 532610's dividend payments have increased, but the company has only paid a dividend for 5 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.4%), 532610's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (21.3%), 532610's dividend payments are well covered by cash flows.


Discover strong dividend paying companies