Globus Spirits Dividends and Buybacks
Dividend criteria checks 2/6
Globus Spirits is a dividend paying company with a current yield of 0.43% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.0008%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | 15.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.500 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 533104 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 533104's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Globus Spirits Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (533104) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Beverage) | 0.4% |
| Analyst forecast (533104) (up to 3 years) | 0.4% |
Notable Dividend: 533104's dividend (0.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 533104's dividend (0.43%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.5%), 533104's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 533104 is paying a dividend but the company has no free cash flows.