Ramkrishna Forgings Dividends and Buybacks
Dividend criteria checks 2/6
Ramkrishna Forgings is a dividend paying company with a current yield of 0.21% that is well covered by earnings. Next payment date is on 23rd November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
0.2%
Dividend yield
-5.6%
Buyback Yield
| Total Shareholder Yield | -5.4% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | 0.9% |
| Next dividend pay date | 23 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | ₹2.000 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532527's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532527's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ramkrishna Forgings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532527) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.5% |
| Analyst forecast (532527) (up to 3 years) | 0.4% |
Notable Dividend: 532527's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: 532527's dividend (0.21%) is low compared to the top 25% of dividend payers in the Indian market (1.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.6%), 532527's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 532527 is paying a dividend but the company has no free cash flows.