Thyrocare Technologies Dividends and Buybacks
Dividend criteria checks 3/6
Thyrocare Technologies is a dividend paying company with a current yield of 1.83%.
Key information
1.8%
Dividend yield
-0.0004%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 8.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹18.000 |
| Payout ratio | 135% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 539871 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 539871's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Thyrocare Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539871) | 1.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast (539871) (up to 3 years) | 2.1% |
Notable Dividend: 539871's dividend (1.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 539871's dividend (1.83%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (134.7%), 539871's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.8%), 539871's dividend payments are covered by cash flows.