Archean Chemical Industries Dividend
Dividend criteria checks 3/6
Archean Chemical Industries is a dividend paying company with a current yield of 0.45% that is well covered by earnings. Next payment date is on 28th July, 2024 with an ex-dividend date of 21st June, 2024.
Key information
0.4%
Dividend yield
12%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | 28 Jul 24 |
Ex dividend date | 21 Jun 24 |
Dividend per share | n/a |
Earnings per share | ₹25.85 |
Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Recent updates
Archean Chemical Industries Limited (NSE:ACI) Analysts Just Slashed This Year's Estimates
May 22Archean Chemical Industries Limited's (NSE:ACI) Shares Not Telling The Full Story
May 03Under The Bonnet, Archean Chemical Industries' (NSE:ACI) Returns Look Impressive
Mar 18Calculating The Fair Value Of Archean Chemical Industries Limited (NSE:ACI)
Feb 28We Like Archean Chemical Industries' (NSE:ACI) Returns And Here's How They're Trending
Nov 28Cautious Investors Not Rewarding Archean Chemical Industries Limited's (NSE:ACI) Performance Completely
Nov 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ACI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ACI's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Archean Chemical Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ACI) | 0.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Chemicals) | 0.7% |
Analyst forecast in 3 Years (ACI) | 1.0% |
Notable Dividend: ACI's dividend (0.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: ACI's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.6%), ACI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.6%), ACI's dividend payments are well covered by cash flows.