GIC Housing Finance Dividend
Dividend criteria checks 4/6
GIC Housing Finance is a dividend paying company with a current yield of 2.09% that is well covered by earnings.
Key information
2.1%
Dividend yield
11%
Payout ratio
| Industry average yield | 1.3% |
| 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
GIC Housing Finance (NSE:GICHSGFIN) Is Paying Out A Dividend Of ₹4.50
Aug 13
Why It Might Not Make Sense To Buy GIC Housing Finance Limited (NSE:GICHSGFIN) For Its Upcoming Dividend
Nov 28
Recent updates
Market Cool On GIC Housing Finance Limited's (NSE:GICHSGFIN) Earnings
Jan 16GIC Housing Finance (NSE:GICHSGFIN) Is Paying Out A Dividend Of ₹4.50
Aug 13Is GIC Housing Finance Limited (NSE:GICHSGFIN) A Great Dividend Stock?
Feb 18Reflecting on GIC Housing Finance's (NSE:GICHSGFIN) Share Price Returns Over The Last Three Years
Jan 20Why It Might Not Make Sense To Buy GIC Housing Finance Limited (NSE:GICHSGFIN) For Its Upcoming Dividend
Nov 28GIC Housing Finance's(NSE:GICHSGFIN) Share Price Is Down 80% Over The Past Three Years.
Oct 15Would GIC Housing Finance Limited (NSE:GICHSGFIN) Be Valuable To Income Investors?
Aug 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GICHSGFIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: GICHSGFIN'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 (GICHSGFIN) | 2.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Diversified Financial) | 1.3% |
| Analyst forecast in 3 Years (GICHSGFIN) | n/a |
Notable Dividend: GICHSGFIN's dividend (2.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: GICHSGFIN's dividend (2.09%) 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%), GICHSGFIN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (2.6%), GICHSGFIN's dividend payments are thoroughly covered by cash flows.