Sterlite Technologies Dividend
Dividend criteria checks 4/6
Sterlite Technologies is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
36%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹2.17 |
| Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Market Participants Recognise Sterlite Technologies Limited's (NSE:STLTECH) Earnings Pushing Shares 25% Higher
Apr 30
Sterlite Technologies (NSE:STLTECH) Will Be Looking To Turn Around Its Returns
Feb 27Is Sterlite Technologies (NSE:STLTECH) Using Too Much Debt?
Nov 17Downgrade: Here's How Analysts See Sterlite Technologies Limited (NSE:STLTECH) Performing In The Near Term
Oct 28Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
May 23Capital Allocation Trends At Sterlite Technologies (NSE:STLTECH) Aren't Ideal
Mar 01We Think Sterlite Technologies (NSE:STLTECH) Has A Fair Chunk Of Debt
Jan 18Is There Now An Opportunity In Sterlite Technologies Limited (NSE:STLTECH)?
Dec 14Estimating The Fair Value Of Sterlite Technologies Limited (NSE:STLTECH)
Sep 30Sterlite Technologies' (NSE:STLTECH) Dividend Will Be Reduced To ₹0.50
Aug 09Sterlite Technologies (NSE:STLTECH) Has Announced That Its Dividend Will Be Reduced To ₹0.50
Jul 26Returns On Capital Signal Tricky Times Ahead For Sterlite Technologies (NSE:STLTECH)
Jun 15Is Now An Opportune Moment To Examine Sterlite Technologies Limited (NSE:STLTECH)?
Apr 28Calculating The Intrinsic Value Of Sterlite Technologies Limited (NSE:STLTECH)
Mar 22Here's Why Sterlite Technologies (NSE:STLTECH) Has A Meaningful Debt Burden
Feb 17Return Trends At Sterlite Technologies (NSE:STLTECH) Aren't Appealing
Jan 19Should You Think About Buying Sterlite Technologies Limited (NSE:STLTECH) Now?
Dec 08Sterlite Technologies (NSE:STLTECH) Has A Pretty Healthy Balance Sheet
Oct 22An Intrinsic Calculation For Sterlite Technologies Limited (NSE:STLTECH) Suggests It's 40% Undervalued
Sep 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: STLTECH's dividend payments have been volatile in the past 10 years.
Growing Dividend: STLTECH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sterlite Technologies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (STLTECH) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Communications) | 0.5% |
| Analyst forecast in 3 Years (STLTECH) | 3.5% |
Notable Dividend: STLTECH's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: STLTECH's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.4%), STLTECH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9%), STLTECH's dividend payments are thoroughly covered by cash flows.