Navneet Education Dividends and Buybacks
Dividend criteria checks 5/6
Navneet Education is a dividend paying company with a current yield of 1.91% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
1.9%
Dividend yield
4.1%
Buyback Yield
| Total Shareholder Yield | 6.0% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | -3.3% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | ₹2.600 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (508989) | 1.9% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Media) | 2.4% |
| Analyst forecast (508989) (up to 3 years) | 1.9% |
Notable Dividend: 508989's dividend (1.91%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 508989's dividend (1.91%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.4%), 508989's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.6%), 508989's dividend payments are well covered by cash flows.