Rajratan Global Wire Dividend
Dividend criteria checks 4/6
Rajratan Global Wire is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
14%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹14.15 |
Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 517522's dividends per share have been stable in the past 10 years.
Growing Dividend: 517522's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Rajratan Global Wire Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (517522) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 5.3% |
Analyst forecast in 3 Years (517522) | 0.7% |
Notable Dividend: 517522's dividend (0.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 517522's dividend (0.32%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.1%), 517522's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 517522 is paying a dividend but the company has no free cash flows.