Max Healthcare Institute Dividends and Buybacks
Dividend criteria checks 2/6
Max Healthcare Institute is a dividend paying company with a current yield of 0.15% that is well covered by earnings.
Key information
0.2%
Dividend yield
-0.0004%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 0.2% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.500 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 543220's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543220's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Max Healthcare Institute Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543220) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast (543220) (up to 3 years) | 0.2% |
Notable Dividend: 543220's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543220's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.8%), 543220's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55%), 543220's dividend payments are covered by cash flows.