JTL Industries Dividends and Buybacks
Dividend criteria checks 1/6
JTL Industries is a dividend paying company with a current yield of 0.13% that is well covered by earnings.
Key information
0.1%
Dividend yield
-12.8%
Buyback Yield
| Total Shareholder Yield | -12.6% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | 22.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.125 |
| Payout ratio | 4% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 534600 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 534600's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| JTL Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (534600) | 0.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (534600) (up to 3 years) | 0.4% |
Notable Dividend: 534600's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 534600's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.8%), 534600's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 534600 is paying a dividend but the company has no free cash flows.