India Cements Dividend

What is India Cements's current dividend yield, its reliability and sustainability?

[object Object] Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.40%

Current Dividend Yield

Dividend Yield vs Market

India Cements Dividend Yield vs Market
How does INDIACEM dividend yield compare to the market?
SegmentDividend Yield
Company (INDIACEM)0.4%
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

How stable has India Cements's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
3/31/20242.252
3/31/20233.51
12/1/202210.4
8/16/202210.42
8/12/202110.52
9/4/20200.60.38
8/16/20190.80.87
5/27/20190.80.83
8/13/20180.80.83
5/25/20180.80.71
8/8/201710.61
5/29/201710.48
7/26/201610.69
5/26/201610.95
5/29/2015-0
11/26/2014-0
11/14/201322.6
7/20/201222.84
4/25/201222.49

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.


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