Vardhman Special Steels Dividends and Buybacks
Dividend criteria checks 3/6
Vardhman Special Steels is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
-0.04%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | -1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Vardhman Special Steels Limited's (NSE:VSSL) Shares Lagging The Market But So Is The Business
Oct 01
It's Unlikely That Vardhman Special Steels Limited's (NSE:VSSL) CEO Will See A Huge Pay Rise This Year
Sep 13Shareholders Would Enjoy A Repeat Of Vardhman Special Steels' (NSE:VSSL) Recent Growth In Returns
Aug 27Vardhman Special Steels Limited's (NSE:VSSL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too
May 14Vardhman Special Steels Limited (NSE:VSSL) Screens Well But There Might Be A Catch
Mar 27We 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) | 0.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (VSSL) (up to 3 years) | 0.8% |
Notable Dividend: VSSL's dividend (0.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: VSSL's dividend (0.76%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.8%), VSSL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40%), VSSL's dividend payments are well covered by cash flows.