India Cements Dividend
What is India Cements's current dividend yield, its reliability and sustainability?
[object Object] Score2/6
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|India Cements Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.5%|
|Industry Average (Basic Materials)||0.8%|
|Analyst forecast in 3 Years (INDIACEM)||1.1%|
Notable Dividend: INDIACEM's dividend (0.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: INDIACEM's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.55%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: INDIACEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: INDIACEM's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: INDIACEM is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.5%), INDIACEM's dividend payments are thoroughly covered by cash flows.