Creative Castings Dividend
Dividend criteria checks 3/6
Creative Castings is a dividend paying company with a current yield of 1.33% that is well covered by earnings.
Key information
1.3%
Dividend yield
27%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹34.55 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 539527 has been paying a dividend for less than 10 years.
Growing Dividend: 539527's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Creative Castings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (539527) | 1.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 5.0% |
Analyst forecast in 3 Years (539527) | n/a |
Notable Dividend: 539527's dividend (1.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: 539527's dividend (1.33%) is in the top 25% of dividend payers in the Indian market (1.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.1%), 539527's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 539527 is paying a dividend but the company has no free cash flows.