Narendra Properties Dividend
Dividend criteria checks 4/6
Narendra Properties is a dividend paying company with a current yield of 1.65% that is well covered by earnings.
Key information
1.6%
Dividend yield
17%
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 | ₹16.18 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 531416's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 531416's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Narendra Properties Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (531416) | 1.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Real Estate) | 0.4% |
Analyst forecast in 3 Years (531416) | n/a |
Notable Dividend: 531416's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 531416's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.5%), 531416's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.6%), 531416's dividend payments are thoroughly covered by cash flows.