Ashiana Housing is a dividend paying company with a current yield of 0.47% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 18th September, 2024.
Key information
0.5%
Dividend yield
18%
Payout ratio
Industry average yield
0.4%
Next dividend pay date
25 Oct 24
Ex dividend date
18 Sep 24
Dividend per share
₹1.500
Earnings per share
₹6.67
Dividend yield forecast
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523716 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 523716's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Ashiana Housing Dividend Yield vs Market
How does 523716 dividend yield compare to the market?
Segment
Dividend Yield
Company (523716)
0.5%
Market Bottom 25% (IN)
0.2%
Market Top 25% (IN)
1.0%
Industry Average (Real Estate)
0.4%
Analyst forecast (523716) (up to 3 years)
n/a
Notable Dividend: 523716's dividend (0.47%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: 523716's dividend (0.47%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.2%), 523716's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.3%), 523716's dividend payments are thoroughly covered by cash flows.