Protean eGov Technologies Dividends and Buybacks
Dividend criteria checks 3/6
Protean eGov Technologies is a dividend paying company with a current yield of 0.54% that is well covered by earnings.
Key information
0.5%
Dividend yield
-0.07%
Buyback Yield
| Total Shareholder Yield | 0.5% |
| Future Dividend Yield | 0.6% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹10.000 |
| Payout ratio | 47% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 544021's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 544021's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Protean eGov Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (544021) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (IT) | 2.0% |
| Analyst forecast (544021) (up to 3 years) | 0.6% |
Notable Dividend: 544021's dividend (0.54%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 544021's dividend (0.54%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), 544021's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.2%), 544021's dividend payments are well covered by cash flows.