Narmada Gelatines Dividends and Buybacks
Dividend criteria checks 5/6
Narmada Gelatines is a dividend paying company with a current yield of 2.83% that is well covered by earnings.
Key information
2.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹10.000 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 526739's dividends per share have been stable in the past 10 years.
Growing Dividend: 526739's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Narmada Gelatines Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (526739) | 2.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (526739) (up to 3 years) | n/a |
Notable Dividend: 526739's dividend (2.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 526739's dividend (2.83%) is in the top 25% of dividend payers in the Indian market (1.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.4%), 526739's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (878.9%), 526739's dividend payments are not well covered by cash flows.