Coastal Dividend
Dividend criteria checks 2/6
Coastal is a dividend paying company with a current yield of 0.52% that is well covered by earnings.
Key information
0.5%
Dividend yield
24%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹0.88 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COASTPP1 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: COASTPP1's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Coastal Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (COASTPP1) | 0.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Food) | 1.0% |
Analyst forecast in 3 Years (COASTPP1) | n/a |
Notable Dividend: COASTPP1's dividend (0.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: COASTPP1's dividend (0.52%) is low compared to the top 25% of dividend payers in the Indian market (1.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.7%), COASTPP1's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: COASTPP1 is paying a dividend but the company has no free cash flows.