Venus Pipes and Tubes Dividend
Dividend criteria checks 0/6
Venus Pipes and Tubes is a dividend paying company with a current yield of 0.048%.
Key information
0.05%
Dividend yield
3%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹42.36 |
Dividend yield forecast in 3Y | 0.07% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VENUSPIPES is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: VENUSPIPES is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
Venus Pipes and Tubes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (VENUSPIPES) | 0.05% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 4.8% |
Analyst forecast in 3 Years (VENUSPIPES) | 0.07% |
Notable Dividend: VENUSPIPES's dividend (0.048%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: VENUSPIPES's dividend (0.048%) is low compared to the top 25% of dividend payers in the Indian market (1.2%).
Earnings Payout to Shareholders
Earnings Coverage: VENUSPIPES is not paying a notable dividend for the Indian market.
Cash Payout to Shareholders
Cash Flow Coverage: VENUSPIPES is paying a dividend but the company has no free cash flows.