Kovai Medical Center and Hospital Dividend
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
5%
Payout ratio
Industry average yield | 0.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹124.42 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (KOVAI) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Healthcare) | 0.3% |
Analyst forecast in 3 Years (KOVAI) | 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.