HLE Glascoat Dividend
Dividend criteria checks 4/6
HLE Glascoat is a dividend paying company with a current yield of 0.28% that is well covered by earnings.
Key information
0.3%
Dividend yield
25%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.100 |
| Earnings per share | ₹3.49 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
HLE Glascoat (NSE:HLEGLAS) Will Pay A Dividend Of ₹1.10
Sep 05
HLE Glascoat's (NSE:HLEGLAS) Returns Have Hit A Wall
Apr 04HLE Glascoat (NSE:HLEGLAS) Is Investing Its Capital With Increasing Efficiency
Sep 27Investors Shouldn't Overlook HLE Glascoat's (NSE:HLEGLAS) Impressive Returns On Capital
Jun 06HLE Glascoat (NSE:HLEGLAS) Could Become A Multi-Bagger
Sep 03Do HLE Glascoat's (NSE:HLEGLAS) Earnings Warrant Your Attention?
Aug 05HLE Glascoat's (NSE:HLEGLAS) Solid Profits Have Weak Fundamentals
Nov 20Earnings Tell The Story For HLE Glascoat Limited (NSE:HLEGLAS) As Its Stock Soars 25%
Mar 24Is Weakness In HLE Glascoat Limited (NSE:HLEGLAS) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HLEGLAS's dividend payments have been volatile in the past 10 years.
Growing Dividend: HLEGLAS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| HLE Glascoat Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HLEGLAS) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Machinery) | 0.7% |
| Analyst forecast (HLEGLAS) (up to 3 years) | n/a |
Notable Dividend: HLEGLAS's dividend (0.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: HLEGLAS's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.3%), HLEGLAS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.2%), HLEGLAS's dividend payments are well covered by cash flows.