Indigo Paints Dividend
Dividend criteria checks 2/6
Indigo Paints is a dividend paying company with a current yield of 0.23% that is well covered by earnings. Next payment date is on 9th September, 2024 with an ex-dividend date of 2nd August, 2024.
Key information
0.2%
Dividend yield
11%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 09 Sep 24 |
| Ex dividend date | 02 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | ₹30.94 |
| Dividend yield forecast in 3Y | 0.4% |
Recent dividend updates
Recent updates
Analysts Have Made A Financial Statement On Indigo Paints Limited's (NSE:INDIGOPNTS) Full-Year Report
May 25
Indigo Paints Limited's (NSE:INDIGOPNTS) Business Is Trailing The Market But Its Shares Aren't
Apr 04We 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 07Upcoming Dividend Payment
Stability 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) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast in 3 Years (INDIGOPNTS) | 0.4% |
Notable Dividend: INDIGOPNTS's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: INDIGOPNTS's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.3%), INDIGOPNTS's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (35.7%), INDIGOPNTS's dividend payments are well covered by cash flows.