Godrej Agrovet Dividends and Buybacks
Dividend criteria checks 4/6
Godrej Agrovet is a dividend paying company with a current yield of 1.37% that is well covered by earnings.
Key information
1.4%
Dividend yield
-0.0004%
Buyback Yield
| Total Shareholder Yield | 1.4% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | 18.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹10.000 |
| Payout ratio | 53% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 540743 has been paying a dividend for less than 10 years.
Growing Dividend: 540743's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Godrej Agrovet Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540743) | 1.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Food) | 1.0% |
| Analyst forecast (540743) (up to 3 years) | 1.9% |
Notable Dividend: 540743's dividend (1.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 540743's dividend (1.37%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.4%), 540743's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.9%), 540743's dividend payments are covered by cash flows.