Nitiraj Engineers Dividends and Buybacks
Dividend criteria checks 3/6
Nitiraj Engineers is a dividend paying company with a current yield of 0.7% that is well covered by earnings.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 20.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.500 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)
Sep 18
Nitiraj Engineers Limited (NSE:NITIRAJ) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Aug 24Nitiraj Engineers Limited's (NSE:NITIRAJ) 27% Share Price Surge Not Quite Adding Up
Jun 12It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year
Sep 19Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why
Sep 23How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?
Feb 22Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 02
Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares
Dec 07Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay
Nov 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NITIRAJ has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NITIRAJ's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Nitiraj Engineers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NITIRAJ) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Electronic) | 0.6% |
| Analyst forecast (NITIRAJ) (up to 3 years) | n/a |
Notable Dividend: NITIRAJ's dividend (0.7%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: NITIRAJ's dividend (0.7%) 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 (12.8%), NITIRAJ's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.7%), NITIRAJ's dividend payments are covered by cash flows.