Redington Dividend
Dividend criteria checks 5/6
Redington is a dividend paying company with a current yield of 3.32% that is well covered by earnings.
Key information
3.3%
Dividend yield
40%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹6.200 |
Earnings per share | ₹15.55 |
Dividend yield forecast | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532805's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532805's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Redington Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (532805) | 3.3% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.0% |
Industry Average (Electronic) | 0.6% |
Analyst forecast (532805) (up to 3 years) | 4.5% |
Notable Dividend: 532805's dividend (3.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532805's dividend (3.32%) is in the top 25% of dividend payers in the Indian market (1.03%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 532805's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.6%), 532805's dividend payments are covered by cash flows.