Oriental Carbon & Chemicals Dividend
Dividend criteria checks 5/6
Oriental Carbon & Chemicals is a dividend paying company with a current yield of 5.34% that is well covered by earnings.
Key information
5.3%
Dividend yield
30%
Payout ratio
| Industry average yield | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹14.000 |
| Earnings per share | ₹44.28 |
| Dividend yield forecast | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 506579's dividend payments have been volatile in the past 10 years.
Growing Dividend: 506579's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Oriental Carbon & Chemicals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (506579) | 5.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Capital Markets) | 1.2% |
| Analyst forecast (506579) (up to 3 years) | 6.1% |
Notable Dividend: 506579's dividend (5.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 506579's dividend (5.34%) is in the top 25% of dividend payers in the Indian market (1.03%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.3%), 506579's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.3%), 506579's dividend payments are well covered by cash flows.