Ramco Industries is a dividend paying company with a current yield of 0.3% that is well covered by earnings. Next payment date is on 15th September, 2024 with an ex-dividend date of 9th August, 2024.
Key information
0.3%
Dividend yield
6%
Payout ratio
Industry average yield
0.5%
Next dividend pay date
15 Sep 24
Ex dividend date
09 Aug 24
Dividend per share
₹0.750
Earnings per share
₹12.18
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: 532369's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532369's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ramco Industries Dividend Yield vs Market
How does 532369 dividend yield compare to the market?
Segment
Dividend Yield
Company (532369)
0.3%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.1%
Industry Average (Basic Materials)
0.5%
Analyst forecast in 3 Years (532369)
n/a
Notable Dividend: 532369's dividend (0.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532369's dividend (0.3%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.9%), 532369's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.9%), 532369's dividend payments are thoroughly covered by cash flows.