Garden Reach Shipbuilders & Engineers Limited

NSEI:GRSE Stock Report

Market Cap: ₹187.4b

Garden Reach Shipbuilders & Engineers Dividend

Dividend criteria checks 2/6

Garden Reach Shipbuilders & Engineers is a dividend paying company with a current yield of 0.57% that is well covered by earnings. Next payment date is on 20th October, 2024 with an ex-dividend date of 13th September, 2024.

Key information

0.6%

Dividend yield

30%

Payout ratio

Industry average yield0.7%
Next dividend pay date20 Oct 24
Ex dividend date13 Sep 24
Dividend per share₹9.360
Earnings per share₹32.11
Dividend yield forecast0.7%

Recent dividend updates

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be ₹1.44

Aug 31
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be ₹1.44

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70

Sep 02
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70

Recent updates

Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Will Probably Have Their Compensation Approved By Shareholders

Sep 14
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Will Probably Have Their Compensation Approved By Shareholders

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be ₹1.44

Aug 31
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be ₹1.44

Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Aug 21
Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Garden Reach Shipbuilders & Engineers (NSE:GRSE) Seems To Use Debt Rather Sparingly

Jul 24
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Seems To Use Debt Rather Sparingly

Optimistic Investors Push Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) Shares Up 46% But Growth Is Lacking

Jun 12
Optimistic Investors Push Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE) Shares Up 46% But Growth Is Lacking

Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Shares Climb 31% But Its Business Is Yet to Catch Up

Apr 28
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Shares Climb 31% But Its Business Is Yet to Catch Up

If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

Apr 04
If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

Sentiment Still Eluding Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)

Mar 13
Sentiment Still Eluding Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)

If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

Oct 10
If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity

This Is The Reason Why We Think Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Deserves A Bump Up To Their Compensation

Sep 16
This Is The Reason Why We Think Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Deserves A Bump Up To Their Compensation

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70

Sep 02
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70

Does Garden Reach Shipbuilders & Engineers (NSE:GRSE) Have A Healthy Balance Sheet?

Jun 11
Does Garden Reach Shipbuilders & Engineers (NSE:GRSE) Have A Healthy Balance Sheet?

Should You Be Adding Garden Reach Shipbuilders & Engineers (NSE:GRSE) To Your Watchlist Today?

Apr 01
Should You Be Adding Garden Reach Shipbuilders & Engineers (NSE:GRSE) To Your Watchlist Today?

Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Increasing Its Dividend To ₹5.50

Feb 13
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Increasing Its Dividend To ₹5.50

Here's Why We Think Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Well Worth Watching

Dec 09
Here's Why We Think Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Well Worth Watching

Garden Reach Shipbuilders & Engineers (NSE:GRSE) Ticks All The Boxes When It Comes To Earnings Growth

Aug 30
Garden Reach Shipbuilders & Engineers (NSE:GRSE) Ticks All The Boxes When It Comes To Earnings Growth

Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Is Being Reduced To ₹1.15

Aug 31
Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Is Being Reduced To ₹1.15

Here's What You Should Know About Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) 2.9% Dividend Yield

Apr 13
Here's What You Should Know About Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) 2.9% Dividend Yield

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GRSE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GRSE's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Garden Reach Shipbuilders & Engineers Dividend Yield vs Market
How does GRSE dividend yield compare to the market?
SegmentDividend Yield
Company (GRSE)0.6%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Aerospace & Defense)0.7%
Analyst forecast (GRSE) (up to 3 years)0.7%

Notable Dividend: GRSE's dividend (0.57%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).

High Dividend: GRSE's dividend (0.57%) is low compared to the top 25% of dividend payers in the Indian market (1.07%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30%), GRSE's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: GRSE is paying a dividend but the company has no free cash flows.


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