Sobha Dividend
Dividend criteria checks 2/6
Sobha is a dividend paying company with a current yield of 0.17% that is well covered by earnings.
Key information
0.2%
Dividend yield
58%
Payout ratio
| Industry average yield | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.000 |
| Earnings per share | ₹4.03 |
| Dividend yield forecast | 0.5% |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOBHAPP's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOBHAPP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Sobha Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SOBHAPP) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Real Estate) | 0.4% |
| Analyst forecast (SOBHAPP) (up to 3 years) | 0.5% |
Notable Dividend: SOBHAPP's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: SOBHAPP's dividend (0.17%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.9%), SOBHAPP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6.1%), SOBHAPP's dividend payments are thoroughly covered by cash flows.