Polyplex Dividends and Buybacks
Dividend criteria checks 3/6
Polyplex is a dividend paying company with a current yield of 0.77% that is well covered by earnings. Next payment date is on 12th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
0.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 0.8% |
| Dividend Growth | 5.5% |
| Next dividend pay date | 12 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | ₹9.000 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 524051's dividend payments have been volatile in the past 10 years.
Growing Dividend: 524051's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Polyplex Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (524051) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (524051) (up to 3 years) | 0.8% |
Notable Dividend: 524051's dividend (0.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 524051's dividend (0.77%) 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 (20.3%), 524051's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 524051 is paying a dividend but the company has no free cash flows.