Best Agrolife Dividend
Dividend criteria checks 2/6
Best Agrolife is a dividend paying company with a current yield of 0.44% that is well covered by earnings. Next payment date is on 30th October, 2024 with an ex-dividend date of 23rd September, 2024.
Key information
0.4%
Dividend yield
7%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 30 Oct 24 |
| Ex dividend date | 23 Sep 24 |
| Dividend per share | ₹3.000 |
| Earnings per share | ₹15.66 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Further Upside For Best Agrolife Limited (NSE:BESTAGRO) Shares Could Introduce Price Risks After 32% Bounce
Jul 05
Why We Like The Returns At Best Agrolife (NSE:BESTAGRO)
Oct 22Here's Why I Think Best Agrolife (NSE:BESTAGRO) Might Deserve Your Attention Today
Jun 10Does Best Agrolife (NSE:BESTAGRO) Deserve A Spot On Your Watchlist?
Feb 24Best Agrolife Limited's (NSE:BESTAGRO) 43% Jump Shows Its Popularity With Investors
Aug 07Best Agrolife's (NSE:BESTAGRO) Earnings Are Weaker Than They Seem
Jul 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, BESTAGRO has been paying a dividend for less than 10 years.
Growing Dividend: BESTAGRO's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Best Agrolife Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BESTAGRO) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Chemicals) | 0.6% |
| Analyst forecast (BESTAGRO) (up to 3 years) | n/a |
Notable Dividend: BESTAGRO's dividend (0.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: BESTAGRO's dividend (0.44%) is low compared to the top 25% of dividend payers in the Indian market (1.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.7%), BESTAGRO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BESTAGRO is paying a dividend but the company has no free cash flows.