Ramco Industries Dividend
Dividend criteria checks 4/6
Ramco Industries is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
6%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹0.750 |
Earnings per share | ₹12.16 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (532369) | 0.3% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.1% |
Industry Average (Basic Materials) | 0.5% |
Analyst forecast (532369) (up to 3 years) | n/a |
Notable Dividend: 532369's dividend (0.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532369's dividend (0.32%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
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.