NIIT Dividend

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

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.65%

Current Dividend Yield

Dividend Yield vs Market

NIIT Dividend Yield vs Market
How does 500304 dividend yield compare to the market?
SegmentDividend Yield
Company (500304)1.6%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (IT)1.9%
Analyst forecast in 3 Years (500304)2.2%

Notable Dividend: 500304's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).

High Dividend: 500304's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.61%)


Stability and Growth of Payments

How stable has NIIT's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
3/31/202571
3/31/20247.52
3/31/202362
1/30/202351.65
7/12/202251.54
5/24/202251.2
1/29/202261.21
7/5/20212.50.71
8/28/2020105.85
6/4/20201010.31
2/5/202089.32
7/11/201955.21
5/10/2016-0
1/15/2016-0
10/15/2015-0
7/17/2015-0
6/12/20141.63.53
5/21/20141.63.26
7/1/20131.66.98
6/6/20121.65.63
5/9/20121.63.96

Stable Dividend: 500304's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500304's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.1%), 500304's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (41.2%), 500304's dividend payments are well covered by cash flows.


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