Shri Venkatesh Refineries Dividend
Dividend criteria checks 2/6
Shri Venkatesh Refineries is a dividend paying company with a current yield of 0.46% that is well covered by earnings.
Key information
0.5%
Dividend yield
10%
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 | ₹5.85 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 543373 has been paying a dividend for less than 10 years.
Growing Dividend: 543373 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Shri Venkatesh Refineries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (543373) | 0.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Food) | 1.1% |
Analyst forecast in 3 Years (543373) | n/a |
Notable Dividend: 543373's dividend (0.46%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 543373's dividend (0.46%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.6%), 543373's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 543373 is paying a dividend but the company has no free cash flows.