Dhampur Bio Organics Dividend
Dividend criteria checks 3/6
Dhampur Bio Organics is a dividend paying company with a current yield of 2.05% that is well covered by earnings. Next payment date is on 4th August, 2024 with an ex-dividend date of 28th June, 2024.
Key information
2.0%
Dividend yield
36%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 04 Aug 24 |
| Ex dividend date | 28 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | ₹7.00 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether DBOL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if DBOL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Dhampur Bio Organics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DBOL) | 2.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Food) | 1.1% |
| Analyst forecast in 3 Years (DBOL) | n/a |
Notable Dividend: DBOL's dividend (2.05%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: DBOL's dividend (2.05%) is in the top 25% of dividend payers in the Indian market (1.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.7%), DBOL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DBOL is paying a dividend but the company has no free cash flows.