GIC Housing Finance Dividend
Dividend criteria checks 4/6
GIC Housing Finance is a dividend paying company with a current yield of 2.03% that is well covered by earnings.
Key information
2.0%
Dividend yield
11%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹27.86 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 511676's dividend payments have been volatile in the past 10 years.
Growing Dividend: 511676's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
GIC Housing Finance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (511676) | 2.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Diversified Financial) | 1.2% |
Analyst forecast in 3 Years (511676) | n/a |
Notable Dividend: 511676's dividend (2.03%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 511676's dividend (2.03%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), 511676's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.6%), 511676's dividend payments are thoroughly covered by cash flows.