Krsnaa Diagnostics Dividends and Buybacks
Dividend criteria checks 2/6
Krsnaa Diagnostics is a dividend paying company with a current yield of 0.27% that is well covered by earnings.
Key information
0.3%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | -0.5% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.500 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 543328 has been paying a dividend for less than 10 years.
Growing Dividend: 543328 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Krsnaa Diagnostics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543328) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast (543328) (up to 3 years) | 0.6% |
Notable Dividend: 543328's dividend (0.27%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543328's dividend (0.27%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14%), 543328's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 543328 is paying a dividend but the company has no free cash flows.