Gretex Corporate Services Limited

BSE:543324 Stock Report

Market Cap: ₹5.4b

Gretex Services Dividend

Dividend criteria checks 1/6

Gretex Services is a dividend paying company with a current yield of 0.13% that is well covered by earnings.

Key information

0.1%

Dividend yield

-5.0%

Buyback Yield

Total Shareholder Yield-4.9%
Future Dividend Yieldn/a
Dividend Growth-42.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹0.600
Payout ratio2%

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether 543324's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 543324's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Gretex Services Dividend Yield vs Market
How does 543324 dividend yield compare to the market?
SegmentDividend Yield
Company (543324)0.1%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Capital Markets)1.2%
Analyst forecast (543324) (up to 3 years)n/a

Notable Dividend: 543324's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: 543324's dividend (0.13%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (2.4%), 543324's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 543324 is paying a dividend but the company has no free cash flows.


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