Orient Electric Dividend
Dividend criteria checks 2/6
Orient Electric is a dividend paying company with a current yield of 0.69% that is well covered by earnings.
Key information
0.7%
Dividend yield
37%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹4.08 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 541301 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 541301's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Orient Electric Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (541301) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Consumer Durables) | 0.4% |
Analyst forecast in 3 Years (541301) | 2.2% |
Notable Dividend: 541301's dividend (0.69%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 541301's dividend (0.69%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), 541301's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 541301 is paying a dividend but the company has no free cash flows.