Saven Technologies Dividend
What is Saven Technologies's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
4.90%
Current Dividend Yield
Dividend Yield vs Market
| Saven Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532404) | 4.9% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (IT) | 1.9% |
| Analyst forecast in 3 Years (532404) | n/a |
Notable Dividend: 532404's dividend (4.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: 532404's dividend (4.9%) is in the top 25% of dividend payers in the Indian market (1.57%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/27/2023 | 2 | 4.9 |
| 11/8/2022 | 2 | 4.6 |
| 7/26/2022 | 2 | 4.93 |
| 5/21/2022 | 2 | 5.56 |
| 3/1/2022 | 2 | 4.73 |
| 11/6/2021 | 1 | 2.68 |
| 8/9/2021 | 1 | 3.49 |
| 6/24/2021 | 1 | 3.51 |
| 2/10/2021 | 1 | 3.34 |
| 11/13/2020 | 1 | 2.29 |
| 8/31/2020 | 1 | 5.15 |
| 6/26/2020 | 1 | 6.75 |
| 2/6/2020 | 1 | 7.8 |
| 7/23/2019 | 1 | 6.87 |
| 5/16/2019 | 1 | 5.47 |
| 1/25/2019 | 1 | 4.31 |
| 11/27/2018 | 1 | 4.65 |
| 10/27/2017 | - | 0 |
| 8/11/2017 | - | 0 |
| 5/17/2017 | - | 0 |
| 2/2/2017 | - | 0 |
| 10/18/2016 | - | 0 |
| 8/31/2016 | - | 0 |
| 5/6/2016 | - | 0 |
| 2/8/2016 | 4 | 22.66 |
| 11/10/2015 | 4 | 16.28 |
| 7/24/2015 | 2 | 10.25 |
| 8/4/2014 | 1.4 | 9.2 |
Stable Dividend: 532404 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 532404's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), 532404's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (89.6%), 532404's dividend payments are covered by cash flows.