Ponni Sugars (Erode) Dividend
Dividend criteria checks 4/6
Ponni Sugars (Erode) is a dividend paying company with a current yield of 1.56% that is well covered by earnings. Next payment date is on 12th June, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
1.6%
Dividend yield
13%
Payout ratio
| Industry average yield | 1.1% |
| Next dividend pay date | 12 Jun 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₹54.50 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Return Trends At Ponni Sugars (Erode) (NSE:PONNIERODE) Aren't Appealing
Apr 05
Ponni Sugars (Erode) (NSE:PONNIERODE) Is Reinvesting At Lower Rates Of Return
Dec 29There Are Reasons To Feel Uneasy About Ponni Sugars (Erode)'s (NSE:PONNIERODE) Returns On Capital
Sep 29Ponni Sugars (Erode) (NSE:PONNIERODE) Is Increasing Its Dividend To ₹5.50
May 10Returns On Capital Signal Tricky Times Ahead For Ponni Sugars (Erode) (NSE:PONNIERODE)
Jan 05Ponni Sugars (Erode) (NSE:PONNIERODE) May Have Issues Allocating Its Capital
Oct 05Shareholders May Be More Conservative With Ponni Sugars (Erode) Limited's (NSE:PONNIERODE) CEO Compensation For Now
Jul 14Returns On Capital Are Showing Encouraging Signs At Ponni Sugars (Erode) (NSE:PONNIERODE)
May 10Is Ponni Sugars (Erode) Limited (NSE:PONNIERODE) A Smart Pick For Income Investors?
Mar 29How Should Investors Feel About Ponni Sugars (Erode)'s (NSE:PONNIERODE) CEO Remuneration?
Feb 21Will The ROCE Trend At Ponni Sugars (Erode) (NSE:PONNIERODE) Continue?
Jan 14
What Makes Ponni Sugars (Erode) Limited (NSE:PONNIERODE) A Great Dividend Stock?
Dec 18How Should Investors Feel About Ponni Sugars (Erode)'s (NSE:PONNIERODE) CEO Remuneration?
Nov 22Estimating The Intrinsic Value Of Ponni Sugars (Erode) Limited (NSE:PONNIERODE)
Oct 26What Do The Returns At Ponni Sugars (Erode) (NSE:PONNIERODE) Mean Going Forward?
Oct 06Why Ponni Sugars (Erode) Limited (NSE:PONNIERODE) Is A Dividend Rockstar
Sep 15Many Still Looking Away From Ponni Sugars (Erode) Limited (NSE:PONNIERODE)
Aug 25Should You Buy Ponni Sugars (Erode) Limited (NSE:PONNIERODE) For Its Upcoming Dividend?
Aug 06Is Ponni Sugars (Erode) (NSE:PONNIERODE) A Risky Investment?
Jul 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PONNIERODE's dividend payments have been volatile in the past 10 years.
Growing Dividend: PONNIERODE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ponni Sugars (Erode) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PONNIERODE) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Food) | 1.1% |
| Analyst forecast in 3 Years (PONNIERODE) | n/a |
Notable Dividend: PONNIERODE's dividend (1.56%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: PONNIERODE's dividend (1.56%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), PONNIERODE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (537.4%), PONNIERODE's dividend payments are not well covered by cash flows.