Narendra Properties Dividends and Buybacks
Dividend criteria checks 3/6
Narendra Properties is a dividend paying company with a current yield of 2.36% that is well covered by earnings.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 32% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (531416) | 2.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Real Estate) | 0.4% |
| Analyst forecast (531416) (up to 3 years) | n/a |
Notable Dividend: 531416's dividend (2.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 531416's dividend (2.36%) is in the top 25% of dividend payers in the Indian market (1.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), 531416's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 531416 is paying a dividend but the company has no free cash flows.