Suraj Dividend
Dividend criteria checks 3/6
Suraj is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
10%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Earnings per share | ₹12.20 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SURAJLTD's dividend payments have been volatile in the past 10 years.
Growing Dividend: SURAJLTD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Suraj Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SURAJLTD) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Metals and Mining) | 1.4% |
| Analyst forecast (SURAJLTD) (up to 3 years) | n/a |
Notable Dividend: SURAJLTD's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: SURAJLTD's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), SURAJLTD's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (95.2%), SURAJLTD's dividend payments are not well covered by cash flows.