Rainbow Children's Medicare Dividend
What is Rainbow Children's Medicare current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.28%
Current Dividend Yield
Dividend Yield vs Market
| Rainbow Children's Medicare Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RAINBOW) | 0.3% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (Healthcare) | 0.4% |
| Analyst forecast in 3 Years (RAINBOW) | 0.3% |
Notable Dividend: RAINBOW's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: RAINBOW's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.57%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 3/31/2025 | 2.89 | 2 |
| 3/31/2024 | 2.3 | 2 |
| 3/31/2023 | 1 | 2 |
| 1/27/2023 | 2 | 0.28 |
| 8/9/2022 | 2 | 0.29 |
Stable Dividend: Too early to tell whether RAINBOW's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RAINBOW's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.6%), RAINBOW's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.7%), RAINBOW's dividend payments are well covered by cash flows.