RailTel Corporation of India Dividends and Buybacks
Dividend criteria checks 2/6
RailTel of India is a dividend paying company with a current yield of 0.72% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 6th November, 2024.
Key information
0.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -33.5% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 06 Nov 24 |
| Dividend per share | ₹2.850 |
| Payout ratio | 35% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 543265 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 543265's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| RailTel Corporation of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543265) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Telecom) | 4.6% |
| Analyst forecast (543265) (up to 3 years) | 1.2% |
Notable Dividend: 543265's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543265's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), 543265's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.8%), 543265's dividend payments are not well covered by cash flows.