Star Paper Mills Dividend
Dividend criteria checks 4/6
Star Paper Mills is a dividend paying company with a current yield of 1.44% that is well covered by earnings.
Key information
1.4%
Dividend yield
8%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹42.38 |
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, 516022 has been paying a dividend for less than 10 years.
Growing Dividend: 516022's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Star Paper Mills Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (516022) | 1.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Forestry) | 0.7% |
Analyst forecast in 3 Years (516022) | n/a |
Notable Dividend: 516022's dividend (1.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 516022's dividend (1.44%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.3%), 516022's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12%), 516022's dividend payments are thoroughly covered by cash flows.