Jyoti Resins and Adhesives Dividends and Buybacks
Dividend criteria checks 2/6
Jyoti Resins and Adhesives is a dividend paying company with a current yield of 0.64% that is well covered by earnings.
Key information
0.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹9.000 |
| Payout ratio | 16% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (514448) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (514448) (up to 3 years) | n/a |
Notable Dividend: 514448's dividend (0.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 514448's dividend (0.64%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.1%), 514448's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160.5%), 514448's dividend payments are not well covered by cash flows.