Radix Industries (India) Dividend
Dividend criteria checks 2/6
Radix Industries (India) is a dividend paying company with a current yield of 0.64%.
Key information
0.6%
Dividend yield
98%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹1.37 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 531412 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 531412's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Radix Industries (India) Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (531412) | 0.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Personal Products) | 1.6% |
Analyst forecast in 3 Years (531412) | n/a |
Notable Dividend: 531412's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 531412's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.2%), 531412's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.9%), 531412's dividend payments are covered by cash flows.