Gujarat State Fertilizers & Chemicals Dividend
Dividend criteria checks 3/6
Gujarat State Fertilizers & Chemicals is a dividend paying company with a current yield of 1.9% that is well covered by earnings.
Key information
1.9%
Dividend yield
28%
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 | ₹14.15 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500690 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500690's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Gujarat State Fertilizers & Chemicals Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500690) | 1.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (500690) | 1.9% |
Notable Dividend: 500690's dividend (1.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: 500690's dividend (1.9%) is in the top 25% of dividend payers in the Indian market (1.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.2%), 500690's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 500690 is paying a dividend but the company has no free cash flows.