Ashiana Housing Dividend
Dividend criteria checks 3/6
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 |
|---|
| 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.