Vardhman Special Steels Dividend
Dividend criteria checks 3/6
Vardhman Special Steels is a dividend paying company with a current yield of 0.44% that is well covered by earnings.
Key information
0.4%
Dividend yield
8%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹8.90 |
| Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Vardhman Special Steels Limited (NSE:VSSL) Screens Well But There Might Be A Catch
Mar 27
We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation
Sep 21Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 09Vardhman Special Steels (NSE:VSSL) Is Very Good At Capital Allocation
Dec 14We Think Some Shareholders May Hesitate To Increase Vardhman Special Steels Limited's (NSE:VSSL) CEO Compensation
Sep 23Does Vardhman Special Steels (NSE:VSSL) Deserve A Spot On Your Watchlist?
May 26Here's Why Vardhman Special Steels (NSE:VSSL) Can Manage Its Debt Responsibly
Mar 30Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns
Aug 22Is Vardhman Special Steels (NSE:VSSL) Using Too Much Debt?
Jul 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VSSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VSSL's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Vardhman Special Steels Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VSSL) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 5.5% |
| Analyst forecast in 3 Years (VSSL) | 0.7% |
Notable Dividend: VSSL's dividend (0.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: VSSL's dividend (0.44%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.1%), VSSL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.8%), VSSL's dividend payments are thoroughly covered by cash flows.