Britannia Industries Dividend
What is Britannia Industries's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Britannia Industries Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Food)||1.1%|
|Analyst forecast in 3 Years (BRITANNIA)||1.4%|
Notable Dividend: BRITANNIA's dividend (1.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.38%).
High Dividend: BRITANNIA's dividend (1.22%) is low compared to the top 25% of dividend payers in the Indian market (1.63%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: BRITANNIA's dividend payments have been volatile in the past 10 years.
Growing Dividend: BRITANNIA's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.3%), BRITANNIA's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (153.9%), BRITANNIA's dividend payments are not well covered by cash flows.