Refex Industries Limited Stock Dividends
REFEX.NS pays dividends biannually. Last paid amount was ₹0.500 at Mar 08, 2024. As of today, dividend yield (TTM) is 1.86%.
Dividend Yield Range
AI Analysis of REFEX.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.86% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | -75.00% |
| Payout Ratio | 0 |
| Amount Per Share | ₹0.500 |
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Refex Industries Limited has not yet announced its next dividend date. Last payment date was: Mar 08, 2024.
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REFEX Dividend Payout History
To ensure a understanding of REFEX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 20, 2024 | Feb 20, 2024 | Mar 08, 2024 | ₹0.500 | 0.379% |
| 2 | Sep 14, 2023 | Sep 14, 2023 | Sep 14, 2023 | ₹2.00 | 1.48% |
| 3 | Sep 16, 2021 | Sep 16, 2021 | Sep 16, 2021 | ₹0.500 | 1.58% |
| 4 | Jan 11, 2021 | Jan 11, 2021 | Jan 11, 2021 | ₹1.00 | 5.10% |
| 5 | Jan 06, 2021 | Jan 06, 2021 | Jan 06, 2021 | ₹1.00 | 5.48% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
REFEX Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from REFEX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in REFEX stock here.
Comparing REFEX to Sector and Country
REFEX.NS pays a solid dividend yield of 1.86%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.0335%). REFEX.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the IN market (6.37%), which means that there are more attractive dividend stocks to consider.
