Gokaldas Exports Dividend
Dividend criteria checks 2/6
Gokaldas Exports is a dividend paying company with a current yield of 0.13% that is well covered by earnings.
Key information
0.1%
Dividend yield
5%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹18.82 |
Dividend yield forecast in 3Y | 0.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 532630's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 532630's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Gokaldas Exports Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (532630) | 0.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Luxury) | 0.5% |
Analyst forecast in 3 Years (532630) | 0.9% |
Notable Dividend: 532630's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532630's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (4.5%), 532630's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), 532630's dividend payments are covered by cash flows.