Arvind SmartSpaces Dividends and Buybacks
Dividend criteria checks 2/6
Arvind SmartSpaces is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | -5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.500 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 539301 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 539301's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Arvind SmartSpaces Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539301) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Real Estate) | 0.4% |
| Analyst forecast (539301) (up to 3 years) | 0.4% |
Notable Dividend: 539301's dividend (0.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 539301's dividend (0.36%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), 539301's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 539301 is paying a dividend but the company has no free cash flows.