Coastal Dividends and Buybacks
Dividend criteria checks 2/6
Coastal is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
Key information
0.5%
Dividend yield
-3.5%
Buyback Yield
| Total Shareholder Yield | -3.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -27.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.200 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Coastal's (NSE:COASTCORP) Dividend Is Being Reduced To ₹1.20
Sep 18
Coastal's (NSE:COASTCORP) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 17Recent updates
Coastal's (NSE:COASTCORP) Dividend Is Being Reduced To ₹1.20
Sep 18Coastal's (NSE:COASTCORP) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 17What Coastal Corporation Limited's (NSE:COASTCORP) 35% Share Price Gain Is Not Telling You
Aug 02Here's Why Coastal (NSE:COASTCORP) Has A Meaningful Debt Burden
Mar 18Subdued Growth No Barrier To Coastal Corporation Limited (NSE:COASTCORP) With Shares Advancing 28%
Jan 05Returns On Capital At Coastal (NSE:COASTCORP) Paint A Concerning Picture
May 31Some Investors May Be Worried About Coastal's (NSE:COASTCORP) Returns On Capital
Dec 26We Believe That Coastal's (NSE:COASTCORP) Weak Earnings Are A Good Indicator Of Underlying Profitability
Nov 19The Market Doesn't Like What It Sees From Coastal Corporation Limited's (NSE:COASTCORP) Earnings Yet
Nov 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COASTCORP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: COASTCORP's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Coastal Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COASTCORP) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Food) | 1.0% |
| Analyst forecast (COASTCORP) (up to 3 years) | n/a |
Notable Dividend: COASTCORP's dividend (0.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: COASTCORP's dividend (0.5%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.2%), COASTCORP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: COASTCORP is paying a dividend but the company has no free cash flows.