Gujarat Apollo Industries Dividend
Dividend criteria checks 2/6
Gujarat Apollo Industries is a dividend paying company with a current yield of 1.0% that is well covered by earnings.
Key information
1.0%
Dividend yield
25%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.00 |
| Earnings per share | ₹9.50 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Dividend Yield vs Market
| Gujarat Apollo Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (522217) | 1.0% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (Machinery) | 0.8% |
| Analyst forecast in 3 Years (522217) | n/a |
Notable Dividend: 522217's dividend (1%) is higher than the bottom 25% of dividend payers in the Indian market (0.38%).
High Dividend: 522217's dividend (1%) is low compared to the top 25% of dividend payers in the Indian market (1.6%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 5/26/2023 | 2 | 1% |
| 8/11/2022 | 2 | 1% |
| 8/17/2021 | 2 | 0.9% |
| 6/30/2020 | 3 | 1.4% |
| 9/27/2019 | 3 | 2.2% |
| 9/22/2018 | 3 | 2.1% |
| 9/11/2017 | 2.5 | 1.2% |
| 9/5/2016 | 2.5 | 1.8% |
| 5/30/2016 | 2.5 | 2% |
| 9/29/2015 | 2.5 | 1.9% |
| 9/24/2014 | 2.5 | 2% |
| 8/9/2013 | 10 | 9.4% |
| 5/30/2013 | 10 | 9.6% |
| 9/26/2012 | 2.5 | 2.2% |
Stable Dividend: 522217's dividend payments have been volatile in the past 10 years.
Growing Dividend: 522217's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.4%), 522217's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 522217 is paying a dividend but the company has no free cash flows.