Alufluoride is a dividend paying company with a current yield of 0.66% that is well covered by earnings. Next payment date is on 16th October, 2024 with an ex-dividend date of 6th September, 2024.
Key information
0.7%
Dividend yield
13%
Payout ratio
Industry average yield
0.6%
Next dividend pay date
16 Oct 24
Ex dividend date
06 Sep 24
Dividend per share
₹3.000
Earnings per share
₹23.17
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 524634 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 524634's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Alufluoride Dividend Yield vs Market
How does 524634 dividend yield compare to the market?
Segment
Dividend Yield
Company (524634)
0.7%
Market Bottom 25% (IN)
0.2%
Market Top 25% (IN)
1.1%
Industry Average (Chemicals)
0.6%
Analyst forecast in 3 Years (524634)
n/a
Notable Dividend: 524634's dividend (0.66%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 524634's dividend (0.66%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.3%), 524634's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.9%), 524634's dividend payments are thoroughly covered by cash flows.