Praveg Dividend
Dividend criteria checks 2/6
Praveg is a dividend paying company with a current yield of 0.49% that is well covered by earnings.
Key information
0.5%
Dividend yield
47%
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 | ₹6.61 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 531637 has been paying a dividend for less than 10 years.
Growing Dividend: 531637's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Praveg Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (531637) | 0.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Media) | 2.0% |
Analyst forecast in 3 Years (531637) | n/a |
Notable Dividend: 531637's dividend (0.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 531637's dividend (0.49%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.6%), 531637's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 531637 is paying a dividend but the company has no free cash flows.