Nitta Gelatin India Dividends and Buybacks
Dividend criteria checks 4/6
Nitta Gelatin India is a dividend paying company with a current yield of 0.78% that is well covered by earnings.
Key information
0.8%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | n/a |
Dividend Growth | -0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹6.000 |
Payout ratio | 7% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 506532's dividend payments have been volatile in the past 10 years.
Growing Dividend: 506532's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nitta Gelatin India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (506532) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.7% |
Analyst forecast (506532) (up to 3 years) | n/a |
Notable Dividend: 506532's dividend (0.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 506532's dividend (0.78%) 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 (6.6%), 506532's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.4%), 506532's dividend payments are thoroughly covered by cash flows.