Tamil Nadu Newsprint and Papers Dividends and Buybacks
Dividend criteria checks 4/6
Tamil Nadu Newsprint and Papers is a dividend paying company with a current yield of 2.4% that is well covered by earnings.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -4.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹4.000 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 531426's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531426's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Tamil Nadu Newsprint and Papers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (531426) | 2.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Forestry) | 0.6% |
| Analyst forecast (531426) (up to 3 years) | n/a |
Notable Dividend: 531426's dividend (2.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 531426's dividend (2.4%) is in the top 25% of dividend payers in the Indian market (1.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.3%), 531426's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.2%), 531426's dividend payments are thoroughly covered by cash flows.