Electrosteel Castings Dividend

What is Electrosteel Castings's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.95%

Current Dividend Yield

Dividend Yield vs Market

Electrosteel Castings Dividend Yield vs Market
How does 500128 dividend yield compare to the market?
SegmentDividend Yield
Company (500128)1.9%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Building)0.5%
Analyst forecast in 3 Years (500128)n/a

Notable Dividend: 500128's dividend (1.95%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: 500128's dividend (1.95%) is in the top 25% of dividend payers in the Indian market (1.56%)


Stability and Growth of Payments

How stable has Electrosteel Castings's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
11/27/20220.81.95
8/11/20220.82.08
5/20/20210.250.69
6/15/20200.31.49
2/13/2020-0
11/13/2019-0
8/13/2019-0
5/15/2019-0
5/15/20180.31.44
9/18/20170.51.63
5/19/20170.51.63
5/16/20160.52.08
10/5/20150.653.35
9/11/20140.653.4
5/10/20130.53.08
5/28/20120.52.47

Stable Dividend: 500128's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500128's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.3%), 500128's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 500128 is paying a dividend but the company has no free cash flows.


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