Castrol India Dividend
Dividend criteria checks 6/6
Castrol India is a dividend paying company with a current yield of 3.5% that is well covered by earnings.
Key information
3.5%
Dividend yield
89%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹8.000 |
Earnings per share | ₹8.95 |
Dividend yield forecast | 3.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500870's dividends per share have been stable in the past 10 years.
Growing Dividend: 500870's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Castrol India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500870) | 3.5% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.1% |
Industry Average (Chemicals) | 0.6% |
Analyst forecast (500870) (up to 3 years) | 3.9% |
Notable Dividend: 500870's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 500870's dividend (3.5%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (89.4%), 500870's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.1%), 500870's dividend payments are covered by cash flows.