Tips Music Limited

NSEI:TIPSMUSIC Stock Report

Market Cap: ₹114.7b

Tips Music Dividend

Dividend criteria checks 4/6

Tips Music is a dividend paying company with a current yield of 0.78% that is well covered by earnings. Next payment date is on 12th November, 2024 with an ex-dividend date of 24th October, 2024.

Key information

0.8%

Dividend yield

59%

Payout ratio

Industry average yield0.7%
Next dividend pay date12 Nov 24
Ex dividend date24 Oct 24
Dividend per share₹7.000
Earnings per share₹11.90
Future Dividend Yieldn/a

Recent dividend updates

Tips Industries (NSE:TIPSINDLTD) Is Due To Pay A Dividend Of ₹2.00

Jul 27
Tips Industries (NSE:TIPSINDLTD) Is Due To Pay A Dividend Of ₹2.00

Recent updates

Investors Appear Satisfied With Tips Music Limited's (NSE:TIPSMUSIC) Prospects As Shares Rocket 26%

Nov 01
Investors Appear Satisfied With Tips Music Limited's (NSE:TIPSMUSIC) Prospects As Shares Rocket 26%

Tips Industries (NSE:TIPSINDLTD) Is Due To Pay A Dividend Of ₹2.00

Jul 27
Tips Industries (NSE:TIPSINDLTD) Is Due To Pay A Dividend Of ₹2.00

Tips Industries Limited's (NSE:TIPSINDLTD) 28% Jump Shows Its Popularity With Investors

Jul 17
Tips Industries Limited's (NSE:TIPSINDLTD) 28% Jump Shows Its Popularity With Investors

We Think Tips Industries' (NSE:TIPSINDLTD) Robust Earnings Are Conservative

Jul 12
We Think Tips Industries' (NSE:TIPSINDLTD) Robust Earnings Are Conservative

With EPS Growth And More, Tips Industries (NSE:TIPSINDLTD) Makes An Interesting Case

Feb 27
With EPS Growth And More, Tips Industries (NSE:TIPSINDLTD) Makes An Interesting Case

Tips Industries Limited (NSE:TIPSINDLTD) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Jan 30
Tips Industries Limited (NSE:TIPSINDLTD) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable

Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?

Jun 01
Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?

Here's Why I Think Tips Industries (NSE:TIPSINDLTD) Might Deserve Your Attention Today

Dec 28
Here's Why I Think Tips Industries (NSE:TIPSINDLTD) Might Deserve Your Attention Today

We Think Tips Industries (NSE:TIPSINDLTD) Might Have The DNA Of A Multi-Bagger

Dec 08
We Think Tips Industries (NSE:TIPSINDLTD) Might Have The DNA Of A Multi-Bagger

Do Tips Industries's (NSE:TIPSINDLTD) Earnings Warrant Your Attention?

Sep 10
Do Tips Industries's (NSE:TIPSINDLTD) Earnings Warrant Your Attention?

Tips Industries (NSE:TIPSINDLTD) Is Very Good At Capital Allocation

Jun 18
Tips Industries (NSE:TIPSINDLTD) Is Very Good At Capital Allocation

Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?

Jun 01
Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?

Why Tips Industries Limited (NSE:TIPSINDLTD) Should Be In Your Dividend Portfolio

Apr 14
Why Tips Industries Limited (NSE:TIPSINDLTD) Should Be In Your Dividend Portfolio

A Look At The Intrinsic Value Of Tips Industries Limited (NSE:TIPSINDLTD)

Mar 11
A Look At The Intrinsic Value Of Tips Industries Limited (NSE:TIPSINDLTD)

Tips Industries Limited's (NSE:TIPSINDLTD) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Feb 23
Tips Industries Limited's (NSE:TIPSINDLTD) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Does Tips Industries (NSE:TIPSINDLTD) Deserve A Spot On Your Watchlist?

Feb 09
Does Tips Industries (NSE:TIPSINDLTD) Deserve A Spot On Your Watchlist?

Shareholders of Tips Industries (NSE:TIPSINDLTD) Must Be Delighted With Their 527% Total Return

Jan 25
Shareholders of Tips Industries (NSE:TIPSINDLTD) Must Be Delighted With Their 527% Total Return

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
How does TIPSMUSIC dividend yield compare to the market?
SegmentDividend Yield
Company (TIPSMUSIC)0.8%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Entertainment)0.7%
Analyst forecast (TIPSMUSIC) (up to 3 years)n/a

Notable Dividend: TIPSMUSIC's dividend (0.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: TIPSMUSIC's dividend (0.78%) is low compared to the top 25% of dividend payers in the Indian market (1.08%).


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.


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