Tips Music Dividends and Buybacks
Dividend criteria checks 5/6
Tips Music is a dividend paying company with a current yield of 1.03% that is well covered by earnings. Next payment date is on 18th February, 2025 with an ex-dividend date of 28th January, 2025.
Key information
1.0%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 41.5% |
| Next dividend pay date | 18 Feb 25 |
| Ex dividend date | 28 Jan 25 |
| Dividend per share | ₹7.000 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
Should You Be Adding Tips Music (NSE:TIPSMUSIC) To Your Watchlist Today?
Jan 08
Investors Appear Satisfied With Tips Music Limited's (NSE:TIPSMUSIC) Prospects As Shares Rocket 26%
Nov 01Tips 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 18Stability 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) | 1.0% |
| 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 (1.03%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: TIPSMUSIC's dividend (1.03%) is low compared to the top 25% of dividend payers in the Indian market (1.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.4%), TIPSMUSIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.1%), TIPSMUSIC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 11:24 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tips Music Limited is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vijayaraghavan Swaminathan | Avendus Spark |
| Gnanasundaram Saminathan | Avendus Spark |