Commercial Syn Bags Limited

BSE:539986 Stock Report

Mkt Cap: ₹4.0b

Commercial Syn Bags Dividend

What is Commercial Syn Bags's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend 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
How does 539986 dividend yield compare to the market?
SegmentDividend 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

How stable has Commercial Syn Bags's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/27/20230.70.7
9/7/20220.70.68
9/4/20210.670.87
9/2/20200.51.72
8/24/20190.533.41
5/20/20190.533.11
11/5/20180.473.43

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.


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