Indigo Paints Dividend
Dividend criteria checks 2/6
Indigo Paints is a dividend paying company with a current yield of 0.25% that is well covered by earnings.
Key information
0.3%
Dividend yield
13%
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 | ₹29.89 |
| Dividend yield forecast in 3Y | 0.6% |
Recent dividend updates
Recent updates
Indigo Paints Limited's (NSE:INDIGOPNTS) Business Is Trailing The Market But Its Shares Aren't
Apr 04
We Ran A Stock Scan For Earnings Growth And Indigo Paints (NSE:INDIGOPNTS) Passed With Ease
Aug 01Indigo Paints Limited (NSE:INDIGOPNTS) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Feb 15Are Indigo Paints Limited (NSE:INDIGOPNTS) Investors Paying Above The Intrinsic Value?
Dec 12We Think That There Are Some Issues For Indigo Paints (NSE:INDIGOPNTS) Beyond Its Promising Earnings
Nov 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, INDIGOPNTS has been paying a dividend for less than 10 years.
Growing Dividend: INDIGOPNTS's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Indigo Paints Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDIGOPNTS) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Chemicals) | 0.8% |
| Analyst forecast in 3 Years (INDIGOPNTS) | 0.6% |
Notable Dividend: INDIGOPNTS's dividend (0.25%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: INDIGOPNTS's dividend (0.25%) 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 (12.6%), INDIGOPNTS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.3%), INDIGOPNTS's dividend payments are covered by cash flows.