Tips Music Dividends and Buybacks
Dividend criteria checks 4/6
Tips Music is a dividend paying company with a current yield of 0.82% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -8.8% |
| 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
Investors Appear Satisfied With Tips Music Limited's (NSE:TIPSMUSIC) Prospects As Shares Rocket 26%
Nov 01
Tips Industries (NSE:TIPSINDLTD) Is Due To Pay A Dividend Of ₹2.00
Jul 27Tips Industries Limited's (NSE:TIPSINDLTD) 28% Jump Shows Its Popularity With Investors
Jul 17We Think Tips Industries' (NSE:TIPSINDLTD) Robust Earnings Are Conservative
Jul 12With EPS Growth And More, Tips Industries (NSE:TIPSINDLTD) Makes An Interesting Case
Feb 27Tips Industries Limited (NSE:TIPSINDLTD) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Jan 30Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?
Jun 01Here's Why I Think Tips Industries (NSE:TIPSINDLTD) Might Deserve Your Attention Today
Dec 28We Think Tips Industries (NSE:TIPSINDLTD) Might Have The DNA Of A Multi-Bagger
Dec 08Do Tips Industries's (NSE:TIPSINDLTD) Earnings Warrant Your Attention?
Sep 10Tips Industries (NSE:TIPSINDLTD) Is Very Good At Capital Allocation
Jun 18Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?
Jun 01Why Tips Industries Limited (NSE:TIPSINDLTD) Should Be In Your Dividend Portfolio
Apr 14A Look At The Intrinsic Value Of Tips Industries Limited (NSE:TIPSINDLTD)
Mar 11Tips Industries Limited's (NSE:TIPSINDLTD) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 23Does Tips Industries (NSE:TIPSINDLTD) Deserve A Spot On Your Watchlist?
Feb 09
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TIPSMUSIC's dividends per share have been stable in the past 10 years.
Growing Dividend: TIPSMUSIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tips Music Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TIPSMUSIC) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Entertainment) | 0.8% |
| Analyst forecast (TIPSMUSIC) (up to 3 years) | n/a |
Notable Dividend: TIPSMUSIC's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: TIPSMUSIC's dividend (0.82%) 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%), TIPSMUSIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (190.4%), TIPSMUSIC's dividend payments are not well covered by cash flows.