Shetron Dividend
Dividend criteria checks 3/6
Shetron is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
14%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Earnings per share | ₹6.71 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 526137 has been paying a dividend for less than 10 years.
Growing Dividend: 526137 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Shetron Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (526137) | 0.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Packaging) | 0.7% |
| Analyst forecast (526137) (up to 3 years) | n/a |
Notable Dividend: 526137's dividend (0.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 526137's dividend (0.8%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.8%), 526137's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.6%), 526137's dividend payments are well covered by cash flows.