Jyoti Resins and Adhesives Dividend
Dividend criteria checks 3/6
Jyoti Resins and Adhesives is a dividend paying company with a current yield of 0.43% that is well covered by earnings.
Key information
0.4%
Dividend yield
16%
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 | ₹53.96 |
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, 514448 has been paying a dividend for less than 10 years.
Growing Dividend: 514448's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Jyoti Resins and Adhesives Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (514448) | 0.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (514448) | n/a |
Notable Dividend: 514448's dividend (0.43%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 514448's dividend (0.43%) 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 (15.5%), 514448's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.1%), 514448's dividend payments are well covered by cash flows.