Vardhman Special Steels Dividend
Dividend criteria checks 3/6
Vardhman Special Steels is a dividend paying company with a current yield of 0.34% that is well covered by earnings.
Key information
0.3%
Dividend yield
8%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹8.90 |
Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 534392 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 534392's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Vardhman Special Steels Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (534392) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 5.3% |
Analyst forecast in 3 Years (534392) | 0.5% |
Notable Dividend: 534392's dividend (0.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 534392's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.1%), 534392's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.8%), 534392's dividend payments are thoroughly covered by cash flows.