Garden Reach Shipbuilders & Engineers Dividend
Dividend criteria checks 3/6
Garden Reach Shipbuilders & Engineers is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
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
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Shares Climb 31% But Its Business Is Yet to Catch Up
Apr 28
If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity
Apr 04Sentiment Still Eluding Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)
Mar 13If EPS Growth Is Important To You, Garden Reach Shipbuilders & Engineers (NSE:GRSE) Presents An Opportunity
Oct 10This Is The Reason Why We Think Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) CEO Deserves A Bump Up To Their Compensation
Sep 16Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Will Be Reduced To ₹0.70
Sep 02Does Garden Reach Shipbuilders & Engineers (NSE:GRSE) Have A Healthy Balance Sheet?
Jun 11Should You Be Adding Garden Reach Shipbuilders & Engineers (NSE:GRSE) To Your Watchlist Today?
Apr 01Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Increasing Its Dividend To ₹5.50
Feb 13Here's Why We Think Garden Reach Shipbuilders & Engineers (NSE:GRSE) Is Well Worth Watching
Dec 09Garden Reach Shipbuilders & Engineers (NSE:GRSE) Ticks All The Boxes When It Comes To Earnings Growth
Aug 30Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Dividend Is Being Reduced To ₹1.15
Aug 31Here's What You Should Know About Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) 2.9% Dividend Yield
Apr 13The Garden Reach Shipbuilders & Engineers (NSE:GRSE) Share Price Has Gained 39% And Shareholders Are Hoping For More
Mar 10Here's What We Like About Garden Reach Shipbuilders & Engineers' (NSE:GRSE) Upcoming Dividend
Feb 12
Garden Reach Shipbuilders & Engineers Limited's (NSE:GRSE) Stock Has Shown A Decent Performance: Have Financials A Role To Play?
Feb 10Should You Or Shouldn't You: A Dividend Analysis on Garden Reach Shipbuilders & Engineers Limited (NSE:GRSE)
Jan 13Stability 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 5 years.
Dividend Yield vs Market
| Garden Reach Shipbuilders & Engineers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRSE) | 0.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Aerospace & Defense) | 0.8% |
| Analyst forecast in 3 Years (GRSE) | 1.0% |
Notable Dividend: GRSE's dividend (0.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: GRSE's dividend (0.68%) is low compared to the top 25% of dividend payers in the Indian market (1.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), GRSE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.8%), GRSE's dividend payments are well covered by cash flows.