Navneet Education Dividend
Dividend criteria checks 4/6
Navneet Education is a dividend paying company with a current yield of 1.73% that is well covered by earnings.
Key information
1.7%
Dividend yield
29%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹8.00 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 508989's dividend payments have been volatile in the past 10 years.
Growing Dividend: 508989's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Navneet Education Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (508989) | 1.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Media) | 2.0% |
Analyst forecast in 3 Years (508989) | 1.8% |
Notable Dividend: 508989's dividend (1.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 508989's dividend (1.73%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), 508989's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (155.5%), 508989's dividend payments are not well covered by cash flows.