Nirlon Dividend
Dividend criteria checks 5/6
Nirlon is a dividend paying company with a current yield of 5.98%.
Key information
6.0%
Dividend yield
115%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹22.65 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500307's dividends per share have been stable in the past 10 years.
Growing Dividend: 500307's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nirlon Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500307) | 6.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Real Estate) | 0.4% |
Analyst forecast in 3 Years (500307) | n/a |
Notable Dividend: 500307's dividend (5.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500307's dividend (5.98%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (114.8%), 500307's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.9%), 500307's dividend payments are covered by cash flows.