Ramkrishna Forgings Dividend
What is Ramkrishna Forgings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Ramkrishna Forgings Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Metals and Mining)||6.3%|
|Analyst forecast in 3 Years (532527)||n/a|
Notable Dividend: 532527's dividend (1.01%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).
High Dividend: 532527's dividend (1.01%) is low compared to the top 25% of dividend payers in the Indian market (1.63%).
Stability and Growth of Payments
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.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.4%), 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.