Industrial And Prudential Investment Dividend
Dividend criteria checks 5/6
Industrial And Prudential Investment is a dividend paying company with a current yield of 1.13% that is well covered by earnings.
Key information
1.1%
Dividend yield
21%
Payout ratio
Industry average yield | 1.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹303.34 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 501298's dividends per share have been stable in the past 10 years.
Growing Dividend: 501298's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Industrial And Prudential Investment Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (501298) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Capital Markets) | 1.5% |
Analyst forecast in 3 Years (501298) | n/a |
Notable Dividend: 501298's dividend (1.13%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 501298's dividend (1.13%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), 501298's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.5%), 501298's dividend payments are covered by cash flows.