Heranba Industries Dividend
Dividend criteria checks 2/6
Heranba Industries is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
5%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹11.59 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HERANBA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HERANBA's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Heranba Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HERANBA) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Chemicals) | 0.8% |
| Analyst forecast in 3 Years (HERANBA) | n/a |
Notable Dividend: HERANBA's dividend (0.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: HERANBA's dividend (0.38%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.8%), HERANBA's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate HERANBA's cash payout ratio to determine if its dividend payments are covered by cash flows.