Orient Electric Dividend
Dividend criteria checks 2/6
Orient Electric is a dividend paying company with a current yield of 0.56% that is well covered by earnings. Next payment date is on 31st August, 2024 with an ex-dividend date of 25th July, 2024.
Key information
0.6%
Dividend yield
43%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | 31 Aug 24 |
| Ex dividend date | 25 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹3.53 |
| Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Orient Electric (NSE:ORIENTELEC) Has Announced A Dividend Of ₹0.75
Jul 18
Orient Electric (NSE:ORIENTELEC) Has Affirmed Its Dividend Of ₹0.75
Jul 04Orient Electric (NSE:ORIENTELEC) Will Pay A Dividend Of ₹0.75
Feb 07Recent updates
Orient Electric (NSE:ORIENTELEC) Has Announced A Dividend Of ₹0.75
Jul 18Orient Electric (NSE:ORIENTELEC) Has Affirmed Its Dividend Of ₹0.75
Jul 04Concerns Surrounding Orient Electric's (NSE:ORIENTELEC) Performance
May 21Orient Electric Limited's (NSE:ORIENTELEC) Share Price Matching Investor Opinion
May 11Orient Electric (NSE:ORIENTELEC) Will Pay A Dividend Of ₹0.75
Feb 07Orient Electric's (NSE:ORIENTELEC) Dividend Will Be Reduced To ₹0.75
Jul 17Orient Electric's (NSE:ORIENTELEC) Dividend Is Being Reduced To ₹0.75
Jul 03Orient Electric's (NSE:ORIENTELEC) Dividend Will Be ₹0.75
Feb 02Orient Electric (NSE:ORIENTELEC) Will Pay A Dividend Of ₹1.25
Jul 15Orient Electric (NSE:ORIENTELEC) Has Re-Affirmed Its Dividend Of ₹1.25
Jul 01Are Orient Electric Limited (NSE:ORIENTELEC) Investors Paying Above The Intrinsic Value?
Jun 18Orient Electric (NSE:ORIENTELEC) Seems To Use Debt Rather Sparingly
Mar 08Returns On Capital At Orient Electric (NSE:ORIENTELEC) Paint A Concerning Picture
Jan 21Here's Why I Think Orient Electric (NSE:ORIENTELEC) Is An Interesting Stock
Sep 14Orient Electric Limited's (NSE:ORIENTELEC) CEO Looks Like They Deserve Their Pay Packet
Jul 22We Like The Quality Of Orient Electric's (NSE:ORIENTELEC) Earnings
May 19Here's How We Evaluate Orient Electric Limited's (NSE:ORIENTELEC) Dividend
May 09What Is The Ownership Structure Like For Orient Electric Limited (NSE:ORIENTELEC)?
Mar 09Here's What To Make Of Orient Electric's (NSE:ORIENTELEC) Returns On Capital
Feb 22Only Three Days Left To Cash In On Orient Electric's (NSE:ORIENTELEC) Dividend
Feb 04Orient Electric Limited Just Recorded A 17% Revenue Beat: Here's What Analysts Think
Feb 02
Here's How We Evaluate Orient Electric Limited's (NSE:ORIENTELEC) Dividend
Jan 31Does Orient Electric's (NSE:ORIENTELEC) Share Price Gain of 23% Match Its Business Performance?
Jan 11Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ORIENTELEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ORIENTELEC'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ORIENTELEC) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Consumer Durables) | 0.3% |
| Analyst forecast in 3 Years (ORIENTELEC) | 1.2% |
Notable Dividend: ORIENTELEC's dividend (0.56%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: ORIENTELEC's dividend (0.56%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.5%), ORIENTELEC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ORIENTELEC is paying a dividend but the company has no free cash flows.