Veedol Dividend
Dividend criteria checks 5/6
Veedol is a dividend paying company with a current yield of 2.83% that is well covered by earnings.
Key information
2.8%
Dividend yield
62%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹52.000 |
Earnings per share | ₹87.57 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 590005's dividend payments have been volatile in the past 10 years.
Growing Dividend: 590005's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Veedol Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (590005) | 2.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Chemicals) | 0.7% |
Analyst forecast (590005) (up to 3 years) | n/a |
Notable Dividend: 590005's dividend (2.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 590005's dividend (2.83%) is in the top 25% of dividend payers in the Indian market (1.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.8%), 590005's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.6%), 590005's dividend payments are covered by cash flows.