Nirlon Dividend

What is Nirlon current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.07%

Current Dividend Yield

Dividend Yield vs Market

Nirlon Dividend Yield vs Market
How does 500307 dividend yield compare to the market?
SegmentDividend Yield
Company (500307)6.1%
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

How stable has Nirlon's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/27/2023226.07
8/11/2022226.08
2/9/2022153.92
8/13/202182.24
6/30/20200.750.28
6/20/20190.750.32
8/27/20180.750.38
4/27/20170.750.36
4/28/20160.750.37
9/24/20150.750.41
10/8/20140.750.42

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.


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