What is Nirlon current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Nirlon Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Real Estate)||0.8%|
|Analyst forecast in 3 Years (500307)||n/a|
Notable Dividend: 500307's dividend (6.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: 500307's dividend (6.07%) is in the top 25% of dividend payers in the Indian market (1.57%)
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Whilst dividend payments have been stable, 500307 has been paying a dividend for less than 10 years.
Growing Dividend: 500307's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (94.2%), 500307's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.4%), 500307's dividend payments are covered by cash flows.