Prolife Industries Dividend
What is Prolife Industries'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
|Prolife Industries Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.5%|
|Industry Average (Chemicals)||0.7%|
|Analyst forecast in 3 Years (PROLIFE)||n/a|
Notable Dividend: PROLIFE's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: PROLIFE's dividend (0.18%) 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: Whilst dividend payments have been stable, PROLIFE has been paying a dividend for less than 10 years.
Growing Dividend: PROLIFE's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.5%), PROLIFE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.5%), PROLIFE's dividend payments are well covered by cash flows.