Shree Digvijay Cement Dividend
Dividend criteria checks 3/6
Shree Digvijay Cement is a dividend paying company with a current yield of 2.64% that is well covered by earnings.
Key information
2.6%
Dividend yield
45%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹5.96 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 502180 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 502180's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Shree Digvijay Cement Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (502180) | 2.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Basic Materials) | 0.5% |
Analyst forecast in 3 Years (502180) | n/a |
Notable Dividend: 502180's dividend (2.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 502180's dividend (2.64%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.3%), 502180's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (120.3%), 502180's dividend payments are not well covered by cash flows.