Oriental Carbon & Chemicals is a dividend paying company with a current yield of 3.53% that is well covered by earnings. Next payment date is on 29th August, 2024 with an ex-dividend date of 23rd July, 2024.
Key information
3.5%
Dividend yield
30%
Payout ratio
Industry average yield
1.4%
Next dividend pay date
29 Aug 24
Ex dividend date
23 Jul 24
Dividend per share
n/a
Earnings per share
₹46.19
Dividend yield forecast in 3Y
4.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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
How does 506579 dividend yield compare to the market?
Segment
Dividend Yield
Company (506579)
3.5%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.1%
Industry Average (Capital Markets)
1.4%
Analyst forecast in 3 Years (506579)
4.0%
Notable Dividend: 506579's dividend (3.53%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 506579's dividend (3.53%) is in the top 25% of dividend payers in the Indian market (1.09%)
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.