Diamines and Chemicals Dividends and Buybacks
Dividend criteria checks 3/6
Diamines and Chemicals is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
-2.5%
Buyback Yield
| Total Shareholder Yield | -2.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.500 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500120 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500120's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Diamines and Chemicals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500120) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (500120) (up to 3 years) | n/a |
Notable Dividend: 500120's dividend (0.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500120's dividend (0.49%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.8%), 500120's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.1%), 500120's dividend payments are well covered by cash flows.