Praveg Dividends and Buybacks
Dividend criteria checks 1/6
Praveg is a dividend paying company with a current yield of 0.15% that is well covered by earnings.
Key information
0.2%
Dividend yield
-13.8%
Buyback Yield
| Total Shareholder Yield | -13.7% |
| Future Dividend Yield | n/a |
| Dividend Growth | -55.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 531637 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 531637 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Praveg Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (531637) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Media) | 2.4% |
| Analyst forecast (531637) (up to 3 years) | n/a |
Notable Dividend: 531637's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 531637's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.3%), 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.