Sharda Cropchem Dividend
Dividend criteria checks 4/6
Sharda Cropchem is a dividend paying company with a current yield of 1.6% that is well covered by earnings.
Key information
1.6%
Dividend yield
31%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹9.67 |
Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 538666 has been paying a dividend for less than 10 years.
Growing Dividend: 538666's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Sharda Cropchem Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (538666) | 1.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (538666) | 1.6% |
Notable Dividend: 538666's dividend (1.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 538666's dividend (1.6%) is in the top 25% of dividend payers in the Indian market (1.2%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), 538666's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69%), 538666's dividend payments are covered by cash flows.