TCI Express Dividend
Dividend criteria checks 3/6
TCI Express is a dividend paying company with a current yield of 0.77% that is well covered by earnings.
Key information
0.8%
Dividend yield
22%
Payout ratio
Industry average yield | 0.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹36.14 |
Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 540212 has been paying a dividend for less than 10 years.
Growing Dividend: 540212's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
TCI Express Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (540212) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Logistics) | 0.9% |
Analyst forecast in 3 Years (540212) | 1.0% |
Notable Dividend: 540212's dividend (0.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 540212's dividend (0.77%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), 540212's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.5%), 540212's dividend payments are well covered by cash flows.