Rainbow Children's Medicare Dividend
Dividend criteria checks 1/6
Rainbow Children's Medicare is a dividend paying company with a current yield of 0.24% that is well covered by earnings.
Key information
0.2%
Dividend yield
14%
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 | ₹21.64 |
Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Some Shareholders Feeling Restless Over Rainbow Children's Medicare Limited's (NSE:RAINBOW) P/E Ratio
Mar 20Returns At Rainbow Children's Medicare (NSE:RAINBOW) Are On The Way Up
Feb 13Is Now The Time To Put Rainbow Children's Medicare (NSE:RAINBOW) On Your Watchlist?
Jan 18Impressive Earnings May Not Tell The Whole Story For Rainbow Children's Medicare (NSE:RAINBOW)
Nov 07Here's Why Rainbow Children's Medicare (NSE:RAINBOW) Has Caught The Eye Of Investors
Oct 18A Look At The Fair Value Of Rainbow Children's Medicare Limited (NSE:RAINBOW)
Aug 29With EPS Growth And More, Rainbow Children's Medicare (NSE:RAINBOW) Makes An Interesting Case
Jul 08Earnings Beat: Rainbow Children's Medicare Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 18Getting In Cheap On Rainbow Children's Medicare Limited (NSE:RAINBOW) Is Unlikely
Feb 11Are Investors Undervaluing Rainbow Children's Medicare Limited (NSE:RAINBOW) By 24%?
Sep 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RAINBOW has been paying a dividend for less than 10 years.
Growing Dividend: RAINBOW's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Rainbow Children's Medicare Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RAINBOW) | 0.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.3% |
Industry Average (Healthcare) | 0.3% |
Analyst forecast in 3 Years (RAINBOW) | 0.5% |
Notable Dividend: RAINBOW's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: RAINBOW's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), RAINBOW's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (543.8%), RAINBOW's dividend payments are not well covered by cash flows.