Syrma SGS Technology Dividend
Dividend criteria checks 2/6
Syrma SGS Technology is a dividend paying company with a current yield of 0.3% that is well covered by earnings.
Key information
0.3%
Dividend yield
20%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹6.46 |
| Dividend yield forecast in 3Y | 0.5% |
Recent dividend updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Syrma SGS Technology (NSE:SYRMA)
Apr 08
Here's Why We Think Syrma SGS Technology (NSE:SYRMA) Is Well Worth Watching
Feb 06Syrma SGS Technology's (NSE:SYRMA) Earnings Are Of Questionable Quality
Nov 09We Ran A Stock Scan For Earnings Growth And Syrma SGS Technology (NSE:SYRMA) Passed With Ease
Oct 27There Are Reasons To Feel Uneasy About Syrma SGS Technology's (NSE:SYRMA) Returns On Capital
Oct 01Syrma SGS Technology Limited (NSE:SYRMA) Just Beat EPS By 11%: Here's What Analysts Are Forecasting For This Year
May 21Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether SYRMA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if SYRMA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Syrma SGS Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SYRMA) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Electronic) | 0.8% |
| Analyst forecast in 3 Years (SYRMA) | 0.5% |
Notable Dividend: SYRMA's dividend (0.3%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: SYRMA's dividend (0.3%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.4%), SYRMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SYRMA is paying a dividend but the company has no free cash flows.