Garden Reach Shipbuilders & Engineers Dividend
Dividend criteria checks 3/6
Garden Reach Shipbuilders & Engineers is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
33%
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 | ₹26.27 |
Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 542011 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 542011's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Garden Reach Shipbuilders & Engineers Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (542011) | 0.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Aerospace & Defense) | 0.8% |
Analyst forecast in 3 Years (542011) | 1.0% |
Notable Dividend: 542011's dividend (0.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 542011's dividend (0.62%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 542011's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.8%), 542011's dividend payments are well covered by cash flows.