Nettlinx Dividends and Buybacks
Dividend criteria checks 2/6
Nettlinx is a dividend paying company with a current yield of 0.48% that is well covered by earnings.
Key information
0.5%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | -0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 58.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.400 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 511658 has been paying a dividend for less than 10 years.
Growing Dividend: 511658's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Nettlinx Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (511658) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (IT) | 2.0% |
| Analyst forecast (511658) (up to 3 years) | n/a |
Notable Dividend: 511658's dividend (0.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: 511658's dividend (0.48%) is low compared to the top 25% of dividend payers in the Indian market (1.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.9%), 511658's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (261.6%), 511658's dividend payments are not well covered by cash flows.