Aristo Bio-Tech and Lifescience Dividend
Dividend criteria checks 3/6
Aristo Bio-Tech and Lifescience is a dividend paying company with a current yield of 0.34% that is well covered by earnings.
Key information
0.3%
Dividend yield
7%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.400 |
| Earnings per share | ₹5.72 |
| Dividend yield forecast | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether ARISTO's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if ARISTO's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Aristo Bio-Tech and Lifescience Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARISTO) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.6% |
| Analyst forecast (ARISTO) (up to 3 years) | n/a |
Notable Dividend: ARISTO's dividend (0.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: ARISTO's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7%), ARISTO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.1%), ARISTO's dividend payments are well covered by cash flows.