Kovai Medical Center and Hospital Dividends and Buybacks
Dividend criteria checks 5/6
Kovai Medical Center and Hospital is a dividend paying company with a current yield of 0.31% that is well covered by earnings.
Key information
0.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 5% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KOVAI's dividends per share have been stable in the past 10 years.
Growing Dividend: KOVAI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Kovai Medical Center and Hospital Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KOVAI) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast (KOVAI) (up to 3 years) | n/a |
Notable Dividend: KOVAI's dividend (0.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: KOVAI's dividend (0.31%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.7%), KOVAI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.1%), KOVAI's dividend payments are thoroughly covered by cash flows.