Arvind Fashions Dividend
Dividend criteria checks 2/6
Arvind Fashions is a dividend paying company with a current yield of 0.24% that is well covered by earnings.
Key information
0.2%
Dividend yield
33%
Payout ratio
Industry average yield | 0.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹3.76 |
Dividend yield forecast in 3Y | 0.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 542484's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 542484's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Arvind Fashions Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (542484) | 0.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Specialty Retail) | 0.1% |
Analyst forecast in 3 Years (542484) | 0.2% |
Notable Dividend: 542484's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 542484's dividend (0.24%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.1%), 542484's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.7%), 542484's dividend payments are thoroughly covered by cash flows.