Divyashakti Dividend
Dividend criteria checks 4/6
Divyashakti is a dividend paying company with a current yield of 2.62%.
Key information
2.6%
Dividend yield
567%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹0.29 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 526315's dividends per share have been stable in the past 10 years.
Growing Dividend: 526315's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Divyashakti Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (526315) | 2.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Basic Materials) | 0.5% |
Analyst forecast in 3 Years (526315) | n/a |
Notable Dividend: 526315's dividend (2.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 526315's dividend (2.62%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (567.1%), 526315's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 526315 is paying a dividend but the company has no free cash flows.