Sigachi Industries Dividend
Dividend criteria checks 2/6
Sigachi Industries is a dividend paying company with a current yield of 0.31% that is well covered by earnings.
Key information
0.3%
Dividend yield
6%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹1.53 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Sigachi Industries Limited's (NSE:SIGACHI) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio
Mar 17There's Reason For Concern Over Sigachi Industries Limited's (NSE:SIGACHI) Massive 44% Price Jump
Jan 21Sigachi Industries' (NSE:SIGACHI) Solid Earnings May Rest On Weak Foundations
May 21Sigachi Industries Limited's (NSE:SIGACHI) 25% Share Price Plunge Could Signal Some Risk
Mar 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SIGACHI has been paying a dividend for less than 10 years.
Growing Dividend: SIGACHI has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Sigachi Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SIGACHI) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.7% |
Analyst forecast in 3 Years (SIGACHI) | n/a |
Notable Dividend: SIGACHI's dividend (0.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: SIGACHI's dividend (0.31%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.3%), SIGACHI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SIGACHI is paying a dividend but the company has no free cash flows.