Route Mobile Dividend
Dividend criteria checks 2/6
Route Mobile is a dividend paying company with a current yield of 0.82% that is well covered by earnings.
Key information
0.8%
Dividend yield
18%
Payout ratio
| Industry average yield | 1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹61.89 |
| Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Recent updates
Investors Could Be Concerned With Route Mobile's (NSE:ROUTE) Returns On Capital
Apr 19
Route Mobile Limited Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next
Jan 26Route Mobile (NSE:ROUTE) Is Reinvesting At Lower Rates Of Return
Dec 16Route Mobile (NSE:ROUTE) Has Affirmed Its Dividend Of ₹3.00
Oct 31Does Route Mobile (NSE:ROUTE) Deserve A Spot On Your Watchlist?
Jun 07Returns On Capital At Route Mobile (NSE:ROUTE) Paint A Concerning Picture
May 16Route Mobile (NSE:ROUTE) Is Paying Out A Larger Dividend Than Last Year
Jan 29Route Mobile (NSE:ROUTE) Has Affirmed Its Dividend Of ₹2.00
Jul 03There Are Reasons To Feel Uneasy About Route Mobile's (NSE:ROUTE) Returns On Capital
May 21Is Now The Time To Put Route Mobile (NSE:ROUTE) On Your Watchlist?
Nov 04Shareholders Will Be Pleased With The Quality of Route Mobile's (NSE:ROUTE) Earnings
May 25Who Has Been Selling Route Mobile Limited (NSE:ROUTE) Shares?
Mar 07Earnings Tell The Story For Route Mobile Limited (NSE:ROUTE) As Its Stock Soars 30%
Feb 11Route Mobile Limited's (NSE:ROUTE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 08What Kind Of Shareholders Hold The Majority In Route Mobile Limited's (NSE:ROUTE) Shares?
Jan 11
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ROUTE has been paying a dividend for less than 10 years.
Growing Dividend: ROUTE's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Route Mobile Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ROUTE) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Software) | 1.4% |
| Analyst forecast in 3 Years (ROUTE) | 0.9% |
Notable Dividend: ROUTE's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: ROUTE's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (1.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.7%), ROUTE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ROUTE is paying a dividend but the company has no free cash flows.