Credo Brands Marketing Dividends and Buybacks
Dividend criteria checks 3/6
Credo Brands Marketing is a dividend paying company with a current yield of 0.29% that is well covered by earnings.
Key information
0.3%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.08% |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Payout ratio | 5% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MUFTI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MUFTI's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Credo Brands Marketing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MUFTI) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Specialty Retail) | 0.1% |
| Analyst forecast (MUFTI) (up to 3 years) | n/a |
Notable Dividend: MUFTI's dividend (0.29%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MUFTI's dividend (0.29%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.3%), MUFTI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.6%), MUFTI's dividend payments are thoroughly covered by cash flows.