Persistent Systems Dividends and Buybacks
Dividend criteria checks 5/6
Persistent Systems is a dividend paying company with a current yield of 0.46% that is well covered by earnings.
Key information
0.5%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 0.2% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | -4.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹26.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 533179's dividends per share have been stable in the past 10 years.
Growing Dividend: 533179's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Persistent Systems Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (533179) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (IT) | 2.0% |
| Analyst forecast (533179) (up to 3 years) | 0.9% |
Notable Dividend: 533179's dividend (0.46%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 533179's dividend (0.46%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.4%), 533179's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.9%), 533179's dividend payments are well covered by cash flows.