Nexus Select Trust Dividend
Dividend criteria checks 3/6
Nexus Select Trust is a dividend paying company with a current yield of 5.99% that is well covered by earnings.
Key information
6.0%
Dividend yield
54%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹1.26 |
Dividend yield forecast in 3Y | 6.9% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (NXST) | 6.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Retail REITs) | 6.4% |
Analyst forecast in 3 Years (NXST) | 6.9% |
Notable Dividend: NXST's dividend (5.99%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: NXST's dividend (5.99%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54%), NXST's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (144.8%), NXST's dividend payments are not well covered by cash flows.