Nexus Select Trust Dividends and Buybacks
Dividend criteria checks 4/6
Nexus Select Trust is a dividend paying company with a current yield of 4.9% that is well covered by earnings. Last payment was on 27th November, 2024 with an ex-dividend date of 21st November, 2024.
Key information
4.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 4.9% |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 32.7% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | ₹7.075 |
| Payout ratio | 97% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether NXST's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if NXST's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Nexus Select Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NXST) | 4.9% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Retail REITs) | 6.5% |
| Analyst forecast (NXST) (up to 3 years) | 6.9% |
Notable Dividend: NXST's dividend (4.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: NXST's dividend (4.9%) is in the top 25% of dividend payers in the Indian market (1.13%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (97.3%), NXST's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.7%), NXST's dividend payments are covered by cash flows.