Power & Instrumental (Gujarat) Dividend
Dividend criteria checks 3/6
Power & Instrumental (Gujarat) is a dividend paying company with a current yield of 0.27% that is well covered by earnings.
Key information
0.3%
Dividend yield
6%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹4.53 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Power & Instrumental (Gujarat) Limited's (NSE:PIGL) Price Is Right But Growth Is Lacking
Apr 24
Is Power & Instrumental (Gujarat) (NSE:PIGL) Using Too Much Debt?
Mar 18Power & Instrumental (Gujarat) Limited's (NSE:PIGL) Price Is Right But Growth Is Lacking After Shares Rocket 46%
Jan 22Power & Instrumental (Gujarat) (NSE:PIGL) Takes On Some Risk With Its Use Of Debt
Dec 12Is Power and Instrumentation (Guj) (NSE:PIGL) Using Too Much Debt?
Aug 02Power and Instrumentation (Guj) (NSE:PIGL) Seems To Use Debt Quite Sensibly
Mar 09Is Now The Time To Put Power & Instrumentation (Gujarat) (NSE:PIGL) On Your Watchlist?
Aug 26These 4 Measures Indicate That Power & Instrumentation (Gujarat) (NSE:PIGL) Is Using Debt Extensively
Jun 21Power & Instrumentation (Gujarat) (NSE:PIGL) Takes On Some Risk With Its Use Of Debt
Mar 15Power & Instrumentation (Gujarat) (NSE:PIGL) Has A Somewhat Strained Balance Sheet
Nov 25With EPS Growth And More, Power & Instrumentation (Gujarat) (NSE:PIGL) Is Interesting
Aug 08Here's Why Power & Instrumentation (Gujarat) (NSE:PIGL) Has A Meaningful Debt Burden
Jul 12Does Power & Instrumentation (Gujarat) (NSE:PIGL) Have A Healthy Balance Sheet?
Mar 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PIGL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PIGL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Power & Instrumental (Gujarat) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PIGL) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Construction) | 0.6% |
| Analyst forecast in 3 Years (PIGL) | n/a |
Notable Dividend: PIGL's dividend (0.27%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: PIGL's dividend (0.27%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6%), PIGL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.6%), PIGL's dividend payments are thoroughly covered by cash flows.