Andhra Paper Dividends and Buybacks
Dividend criteria checks 3/6
Andhra Paper is a dividend paying company with a current yield of 2.07% that is well covered by earnings.
Key information
2.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 502330 has been paying a dividend for less than 10 years.
Growing Dividend: 502330's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Andhra Paper Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (502330) | 2.1% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Forestry) | 0.6% |
| Analyst forecast (502330) (up to 3 years) | n/a |
Notable Dividend: 502330's dividend (2.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 502330's dividend (2.07%) is in the top 25% of dividend payers in the Indian market (1.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.7%), 502330's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 502330 is paying a dividend but the company has no free cash flows.