HPL Electric & Power Dividend
Dividend criteria checks 3/6
HPL Electric & Power is a dividend paying company with a current yield of 0.28% that is well covered by earnings.
Key information
0.3%
Dividend yield
21%
Payout ratio
Industry average yield | 0.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹6.39 |
Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 540136 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540136 has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
HPL Electric & Power Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (540136) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Electrical) | 0.3% |
Analyst forecast in 3 Years (540136) | 0.9% |
Notable Dividend: 540136's dividend (0.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 540136's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.3%), 540136's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.7%), 540136's dividend payments are thoroughly covered by cash flows.