Andhra Paper Dividend
Dividend criteria checks 4/6
Andhra Paper is a dividend paying company with a current yield of 2.53% that is well covered by earnings.
Key information
2.5%
Dividend yield
10%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹114.46 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (502330) | 2.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Forestry) | 0.8% |
Analyst forecast in 3 Years (502330) | n/a |
Notable Dividend: 502330's dividend (2.53%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 502330's dividend (2.53%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.5%), 502330's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), 502330's dividend payments are thoroughly covered by cash flows.