Tips Music Dividends and Buybacks
Dividend criteria checks 4/6
Tips Music is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹7.000 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532375's dividends per share have been stable in the past 10 years.
Growing Dividend: 532375's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tips Music Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532375) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Entertainment) | 0.8% |
| Analyst forecast (532375) (up to 3 years) | n/a |
Notable Dividend: 532375's dividend (0.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 532375's dividend (0.8%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59%), 532375's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (190.4%), 532375's dividend payments are not well covered by cash flows.