Parag Milk Foods Dividends and Buybacks
Dividend criteria checks 2/6
Parag Milk Foods is a dividend paying company with a current yield of 0.25% that is well covered by earnings.
Key information
0.2%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | -0.3% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -12.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Payout ratio | 6% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 539889 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 539889 has only been paying a dividend for 7 years, and since then payments have not increased.
Dividend Yield vs Market
| Parag Milk Foods Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539889) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Food) | 1.0% |
| Analyst forecast (539889) (up to 3 years) | 1.8% |
Notable Dividend: 539889's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 539889's dividend (0.25%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.9%), 539889's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.9%), 539889's dividend payments are thoroughly covered by cash flows.