Page Industries reduces dividend to ₹125.00
after close1 source ↓written by the desknot a recommendation
- from last year's
- ₹125.00
- based
- 2.3% yield
- in the next
- 85%
- in earnings
- 30.4% increase
Page Industries Limited has announced a reduction in its dividend to ₹125.00 from last year's payment. This adjustment represents a 2.3% yield based on the current stock price, which remains above the industry average.
The company's payout ratio is projected to be 85% in the next year, indicating potential sustainability concerns if cash flows decline. The forecasted 30.4% increase in earnings per share may provide some support for future dividends.
Not investment advice. For informational purposes only.