Commercial Syn Bags Dividend
What is Commercial Syn Bags's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.70%
Current Dividend Yield
Dividend Yield vs Market
| Commercial Syn Bags Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539986) | 0.7% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (Packaging) | 1.3% |
| Analyst forecast in 3 Years (539986) | n/a |
Notable Dividend: 539986's dividend (0.7%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: 539986's dividend (0.7%) is low compared to the top 25% of dividend payers in the Indian market (1.57%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/27/2023 | 0.7 | 0.7 |
| 9/7/2022 | 0.7 | 0.68 |
| 9/4/2021 | 0.67 | 0.87 |
| 9/2/2020 | 0.5 | 1.72 |
| 8/24/2019 | 0.53 | 3.41 |
| 5/20/2019 | 0.53 | 3.11 |
| 11/5/2018 | 0.47 | 3.43 |
Stable Dividend: Whilst dividend payments have been stable, 539986 has been paying a dividend for less than 10 years.
Growing Dividend: 539986's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.7%), 539986's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 539986 is paying a dividend but the company has no free cash flows.