Electrosteel Castings Dividend
Dividend criteria checks 4/6
Electrosteel Castings is a dividend paying company with a current yield of 0.55% that is well covered by earnings.
Key information
0.5%
Dividend yield
17%
Payout ratio
| Industry average yield | 0.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹9.74 |
| Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Electrosteel Castings' (NSE:ELECTCAST) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01
Electrosteel Castings (NSE:ELECTCAST) Will Pay A Larger Dividend Than Last Year At ₹0.90
Aug 17Recent updates
A Piece Of The Puzzle Missing From Electrosteel Castings Limited's (NSE:ELECTCAST) 33% Share Price Climb
Apr 13Estimating The Fair Value Of Electrosteel Castings Limited (NSE:ELECTCAST)
Mar 13Electrosteel Castings Limited's (NSE:ELECTCAST) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Jan 20Is Electrosteel Castings (NSE:ELECTCAST) Using Too Much Debt?
Dec 08Electrosteel Castings' (NSE:ELECTCAST) Upcoming Dividend Will Be Larger Than Last Year's
Sep 01Electrosteel Castings (NSE:ELECTCAST) Will Pay A Larger Dividend Than Last Year At ₹0.90
Aug 17Electrosteel Castings (NSE:ELECTCAST) Takes On Some Risk With Its Use Of Debt
Jun 03Electrosteel Castings' (NSE:ELECTCAST) Solid Profits Have Weak Fundamentals
May 18Electrosteel Castings (NSE:ELECTCAST) Has A Somewhat Strained Balance Sheet
Jan 23Electrosteel Castings (NSE:ELECTCAST) Is Reducing Its Dividend To ₹0.25
Aug 13Know This Before Buying Electrosteel Castings Limited (NSE:ELECTCAST) For Its Dividend
Apr 30The Electrosteel Castings (NSE:ELECTCAST) Share Price Has Gained 48% And Shareholders Are Hoping For More
Feb 24Should You Buy Electrosteel Castings Limited (NSE:ELECTCAST) For Its Dividend?
Jan 20Electrosteel Castings (NSE:ELECTCAST) Seems To Be Using A Lot Of Debt
Dec 16Electrosteel Castings (NSE:ELECTCAST) Shareholders Booked A 55% Gain In The Last Year
Nov 11Does Electrosteel Castings' (NSE:ELECTCAST) Returns On Capital Reflect Well On The Business?
Oct 03
Does Electrosteel Castings Limited (NSE:ELECTCAST) Have A Place In Your Dividend Portfolio?
Sep 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELECTCAST's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELECTCAST's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Electrosteel Castings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELECTCAST) | 0.5% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Building) | 0.4% |
| Analyst forecast in 3 Years (ELECTCAST) | 1.2% |
Notable Dividend: ELECTCAST's dividend (0.55%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: ELECTCAST's dividend (0.55%) 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 (16.9%), ELECTCAST's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.6%), ELECTCAST's dividend payments are thoroughly covered by cash flows.