Newgen Software Technologies Dividends and Buybacks
Dividend criteria checks 3/6
Newgen Software Technologies is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.02%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | -15.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹4.000 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 540900 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540900's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Newgen Software Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (540900) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Software) | 1.3% |
| Analyst forecast (540900) (up to 3 years) | 0.6% |
Notable Dividend: 540900's dividend (0.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 540900's dividend (0.36%) 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 (22.2%), 540900's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.2%), 540900's dividend payments are well covered by cash flows.