Kanco Tea & Industries Dividend
Dividend criteria checks 3/6
Kanco Tea & Industries is a dividend paying company with a current yield of 1.4% that is well covered by earnings.
Key information
1.4%
Dividend yield
6%
Payout ratio
Industry average yield | 1.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -₹19.46 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 541005's dividend payments have been volatile in the past 10 years.
Growing Dividend: 541005's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Kanco Tea & Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (541005) | 1.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Food) | 1.1% |
Analyst forecast in 3 Years (541005) | n/a |
Notable Dividend: 541005's dividend (1.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 541005's dividend (1.4%) 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 (5.9%), 541005's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 541005 is paying a dividend but the company has no free cash flows.