Varanium Cloud Dividends and Buybacks
Dividend criteria checks 3/6
Varanium Cloud is a dividend paying company with a current yield of 8.32% that is well covered by earnings.
Key information
8.3%
Dividend yield
-16.4%
Buyback Yield
| Total Shareholder Yield | -8.1% |
| Future Dividend Yield | n/a |
| Dividend Growth | 193.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹5.500 |
| Payout ratio | 6% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether CLOUDPP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if CLOUDPP's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Varanium Cloud Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CLOUDPP) | 8.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Software) | 1.2% |
| Analyst forecast (CLOUDPP) (up to 3 years) | n/a |
Notable Dividend: CLOUDPP's dividend (8.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: CLOUDPP's dividend (8.32%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.1%), CLOUDPP's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate CLOUDPP's cash payout ratio to determine if its dividend payments are covered by cash flows.