Styrenix Performance Materials Dividend
Dividend criteria checks 4/6
Styrenix Performance Materials is a dividend paying company with a current yield of 2.67%.
Key information
2.7%
Dividend yield
99%
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 | ₹94.53 |
Dividend yield forecast in 3Y | n/a |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STYRENIX's dividend payments have been volatile in the past 10 years.
Growing Dividend: STYRENIX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Styrenix Performance Materials Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (STYRENIX) | 2.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (STYRENIX) | n/a |
Notable Dividend: STYRENIX's dividend (2.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: STYRENIX's dividend (2.67%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.4%), STYRENIX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32%), STYRENIX's dividend payments are well covered by cash flows.