Ratnamani Metals & Tubes Dividend
Dividend criteria checks 4/6
Ratnamani Metals & Tubes is a dividend paying company with a current yield of 0.4% that is well covered by earnings. Next payment date is on 26th September, 2024 with an ex-dividend date of 20th August, 2024.
Key information
0.4%
Dividend yield
16%
Payout ratio
Industry average yield | 1.6% |
Next dividend pay date | 26 Sep 24 |
Ex dividend date | 20 Aug 24 |
Dividend per share | ₹14.000 |
Earnings per share | ₹84.75 |
Dividend yield forecast in 3Y | 0.6% |
Recent dividend updates
Ratnamani Metals & Tubes' (NSE:RATNAMANI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 13Ratnamani Metals & Tubes' (NSE:RATNAMANI) Dividend Will Be Increased To ₹12.00
May 13Recent updates
Should You Be Adding Ratnamani Metals & Tubes (NSE:RATNAMANI) To Your Watchlist Today?
Jul 19Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Share Price Could Signal Some Risk
Jun 29Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Using Too Much Debt?
Jun 11We Like Ratnamani Metals & Tubes' (NSE:RATNAMANI) Returns And Here's How They're Trending
May 02Should You Be Adding Ratnamani Metals & Tubes (NSE:RATNAMANI) To Your Watchlist Today?
Mar 21Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?
Mar 02Unpleasant Surprises Could Be In Store For Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Shares
Jan 08Should You Be Adding Ratnamani Metals & Tubes (NSE:RATNAMANI) To Your Watchlist Today?
Dec 18Here's Why Ratnamani Metals & Tubes (NSE:RATNAMANI) Can Manage Its Debt Responsibly
Nov 30Returns on Capital Paint A Bright Future For Ratnamani Metals & Tubes (NSE:RATNAMANI)
Sep 28Here's Why We Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Might Deserve Your Attention Today
Sep 07Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?
Aug 16Ratnamani Metals & Tubes' (NSE:RATNAMANI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 13Ratnamani Metals & Tubes (NSE:RATNAMANI) Knows How To Allocate Capital Effectively
Jun 29Ratnamani Metals & Tubes' (NSE:RATNAMANI) Dividend Will Be Increased To ₹12.00
May 13We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease
May 10Investors Shouldn't Overlook Ratnamani Metals & Tubes' (NSE:RATNAMANI) Impressive Returns On Capital
Feb 22Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?
Feb 01We Ran A Stock Scan For Earnings Growth And Ratnamani Metals & Tubes (NSE:RATNAMANI) Passed With Ease
Jan 14Slowing Rates Of Return At Ratnamani Metals & Tubes (NSE:RATNAMANI) Leave Little Room For Excitement
Oct 29Here's Why We Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Might Deserve Your Attention Today
Oct 08These 4 Measures Indicate That Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Using Debt Reasonably Well
Sep 14The Returns At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Growing
Jul 16Does Ratnamani Metals & Tubes (NSE:RATNAMANI) Deserve A Spot On Your Watchlist?
Jun 28Is Ratnamani Metals & Tubes (NSE:RATNAMANI) A Risky Investment?
Jun 07Return Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) Aren't Appealing
Apr 09With EPS Growth And More, Ratnamani Metals & Tubes (NSE:RATNAMANI) Is Interesting
Mar 22Here's Why I Think Ratnamani Metals & Tubes (NSE:RATNAMANI) Is An Interesting Stock
Dec 07Ratnamani Metals & Tubes (NSE:RATNAMANI) Has More To Do To Multiply In Value Going Forward
Nov 19Ratnamani Metals & Tubes (NSE:RATNAMANI) Has A Pretty Healthy Balance Sheet
Mar 25Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Likely To Turn Things Around?
Mar 07Is Ratnamani Metals & Tubes' (NSE:RATNAMANI) Share Price Gain Of 286% Well Earned?
Feb 07Are Robust Financials Driving The Recent Rally In Ratnamani Metals & Tubes Limited's (NSE:RATNAMANI) Stock?
Jan 17Estimating The Fair Value Of Ratnamani Metals & Tubes Limited (NSE:RATNAMANI)
Dec 27The Trends At Ratnamani Metals & Tubes (NSE:RATNAMANI) That You Should Know About
Dec 07Is Ratnamani Metals & Tubes (NSE:RATNAMANI) Using Too Much Debt?
Nov 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RATNAMANI's dividend payments have been volatile in the past 10 years.
Growing Dividend: RATNAMANI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ratnamani Metals & Tubes Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RATNAMANI) | 0.4% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Metals and Mining) | 1.6% |
Analyst forecast in 3 Years (RATNAMANI) | 0.6% |
Notable Dividend: RATNAMANI's dividend (0.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: RATNAMANI's dividend (0.4%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.8%), RATNAMANI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.9%), RATNAMANI's dividend payments are well covered by cash flows.