Sharat Industries Dividend
Dividend criteria checks 2/6
Sharat Industries is a dividend paying company with a current yield of 1.15%.
Key information
1.1%
Dividend yield
n/a
Payout ratio
| Industry average yield | 0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Earnings per share | ₹1.81 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 890207's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 890207's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Sharat Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (890207) | 1.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Food) | 0.9% |
| Analyst forecast (890207) (up to 3 years) | n/a |
Notable Dividend: 890207's dividend (1.15%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 890207's dividend (1.15%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate 890207's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 890207 is paying a dividend but the company has no free cash flows.