Ramco Industries Limited

BSE:532369 Stock Report

Market Cap: ₹21.8b

Ramco Industries Dividend

Dividend criteria checks 4/6

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 yield0.5%
Next dividend pay date15 Sep 24
Ex dividend date09 Aug 24
Dividend per sharen/a
Earnings per share₹12.18
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodayJun 13 2024Ex Dividend DateAug 09 2024Dividend Pay DateSep 15 202437 days from Ex DividendBuy in the next 56 days to receive the upcoming dividend

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?
SegmentDividend Yield
Company (532369)0.3%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
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 (0.27%).

High Dividend: 532369's dividend (0.3%) is low compared to the top 25% of dividend payers in the Indian market (1.16%).


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.


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