Shree Digvijay Cement Dividends and Buybacks
Dividend criteria checks 3/6
Shree Digvijay Cement is a dividend paying company with a current yield of 3.54% that is well covered by earnings.
Key information
3.5%
Dividend yield
-0.08%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -12.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Payout ratio | 50% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (502180) | 3.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Basic Materials) | 0.5% |
| Analyst forecast (502180) (up to 3 years) | n/a |
Notable Dividend: 502180's dividend (3.54%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 502180's dividend (3.54%) 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 (49.9%), 502180's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 502180 is paying a dividend but the company has no free cash flows.