Grindwell Norton Dividend
Dividend criteria checks 4/6
Grindwell Norton is a dividend paying company with a current yield of 0.71% that is well covered by earnings. Next payment date is on 17th August, 2024 with an ex-dividend date of 9th July, 2024.
Key information
0.7%
Dividend yield
49%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 17 Aug 24 |
| Ex dividend date | 09 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹34.65 |
| Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Grindwell Norton's (NSE:GRINDWELL) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 07
Grindwell Norton (NSE:GRINDWELL) Has Announced That It Will Be Increasing Its Dividend To ₹12.00
May 24Grindwell Norton (NSE:GRINDWELL) Has Announced That It Will Be Increasing Its Dividend To ₹12.00
May 10Recent updates
Analyst Estimates: Here's What Brokers Think Of Grindwell Norton Limited (NSE:GRINDWELL) After Its Annual Report
May 09Grindwell Norton Limited's (NSE:GRINDWELL) Share Price Not Quite Adding Up
Apr 09If EPS Growth Is Important To You, Grindwell Norton (NSE:GRINDWELL) Presents An Opportunity
Mar 22Grindwell Norton Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 06Grindwell Norton (NSE:GRINDWELL) Knows How To Allocate Capital
Jan 31Grindwell Norton Limited (NSE:GRINDWELL) Investors Are Less Pessimistic Than Expected
Dec 28Is Now The Time To Put Grindwell Norton (NSE:GRINDWELL) On Your Watchlist?
Oct 16Grindwell Norton (NSE:GRINDWELL) Knows How To Allocate Capital
Sep 28Does Grindwell Norton (NSE:GRINDWELL) Have A Healthy Balance Sheet?
Aug 15We Ran A Stock Scan For Earnings Growth And Grindwell Norton (NSE:GRINDWELL) Passed With Ease
Jun 30Why You Should Care About Grindwell Norton's (NSE:GRINDWELL) Strong Returns On Capital
Jun 14Grindwell Norton (NSE:GRINDWELL) Could Easily Take On More Debt
May 13Do Grindwell Norton's (NSE:GRINDWELL) Earnings Warrant Your Attention?
Mar 28Why We Like The Returns At Grindwell Norton (NSE:GRINDWELL)
Mar 07Investors Should Be Encouraged By Grindwell Norton's (NSE:GRINDWELL) Returns On Capital
Dec 01We Ran A Stock Scan For Earnings Growth And Grindwell Norton (NSE:GRINDWELL) Passed With Ease
Nov 17Grindwell Norton (NSE:GRINDWELL) Is Achieving High Returns On Its Capital
Aug 29Here's Why We Think Grindwell Norton (NSE:GRINDWELL) Might Deserve Your Attention Today
Aug 15Grindwell Norton (NSE:GRINDWELL) Seems To Use Debt Rather Sparingly
Aug 02Grindwell Norton's (NSE:GRINDWELL) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 07Grindwell Norton (NSE:GRINDWELL) Has Announced That It Will Be Increasing Its Dividend To ₹12.00
May 24Grindwell Norton (NSE:GRINDWELL) Has Announced That It Will Be Increasing Its Dividend To ₹12.00
May 10With EPS Growth And More, Grindwell Norton (NSE:GRINDWELL) Is Interesting
Apr 20Investors Should Be Encouraged By Grindwell Norton's (NSE:GRINDWELL) Returns On Capital
Feb 13Should You Be Adding Grindwell Norton (NSE:GRINDWELL) To Your Watchlist Today?
Jan 14Grindwell Norton (NSE:GRINDWELL) Could Become A Multi-Bagger
Nov 10Here's Why We Think Grindwell Norton (NSE:GRINDWELL) Is Well Worth Watching
Oct 06Grindwell Norton (NSE:GRINDWELL) Could Easily Take On More Debt
Sep 08Grindwell Norton (NSE:GRINDWELL) Is Achieving High Returns On Its Capital
Aug 02Here's Why I Think Grindwell Norton (NSE:GRINDWELL) Might Deserve Your Attention Today
May 26Returns At Grindwell Norton (NSE:GRINDWELL) Appear To Be Weighed Down
May 02Are Strong Financial Prospects The Force That Is Driving The Momentum In Grindwell Norton Limited's NSE:GRINDWELL) Stock?
Mar 13Trade Alert: Rajani Seshadri At Grindwell Norton Limited (NSE:GRINDWELL), Has Just Spent ₹977k Buying 3.5% More Shares
Feb 28Here's Why We Think Grindwell Norton (NSE:GRINDWELL) Is Well Worth Watching
Feb 15Results: Grindwell Norton Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 02The Case For Grindwell Norton Limited (NSE:GRINDWELL): Could It Be A Nice Addition To Your Dividend Portfolio?
Jan 27Should We Be Excited About The Trends Of Returns At Grindwell Norton (NSE:GRINDWELL)?
Jan 14If You Had Bought Grindwell Norton (NSE:GRINDWELL) Shares Five Years Ago You'd Have Earned 98% Returns
Jan 01Do Insiders Own Lots Of Shares In Grindwell Norton Limited (NSE:GRINDWELL)?
Dec 19Rajani Seshadri of Grindwell Norton Limited (NSE:GRINDWELL) Just Spent ₹1.8m On Shares
Dec 06
Does Grindwell Norton's (NSE:GRINDWELL) Statutory Profit Adequately Reflect Its Underlying Profit?
Nov 29Is Grindwell Norton Limited's (NSE:GRINDWELL) Recent Performance Tethered To Its Attractive Financial Prospects?
Nov 16Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRINDWELL's dividends per share have been stable in the past 10 years.
Growing Dividend: GRINDWELL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Grindwell Norton Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRINDWELL) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Machinery) | 0.6% |
| Analyst forecast in 3 Years (GRINDWELL) | 0.9% |
Notable Dividend: GRINDWELL's dividend (0.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: GRINDWELL's dividend (0.71%) is low compared to the top 25% of dividend payers in the Indian market (1.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.1%), GRINDWELL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.2%), GRINDWELL's dividend payments are not well covered by cash flows.