Kuantum Papers Dividend
Dividend criteria checks 4/6
Kuantum Papers is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.2%
Dividend yield
14%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Earnings per share | ₹17.98 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532937 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 532937's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Kuantum Papers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532937) | 2.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Forestry) | 0.6% |
| Analyst forecast (532937) (up to 3 years) | n/a |
Notable Dividend: 532937's dividend (2.18%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532937's dividend (2.18%) is in the top 25% of dividend payers in the Indian market (1.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.2%), 532937's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.4%), 532937's dividend payments are well covered by cash flows.