Indian Railway Finance Dividend
Dividend criteria checks 2/6
Indian Railway Finance is a dividend paying company with a current yield of 0.96% that is well covered by earnings.
Key information
1.0%
Dividend yield
32%
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 | ₹4.62 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Indian Railway Finance Corporation Limited's (NSE:IRFC) Shares Climb 67% But Its Business Is Yet to Catch Up
Feb 04
Indian Railway Finance Corporation Limited (NSE:IRFC) Stock Catapults 30% Though Its Price And Business Still Lag The Market
Dec 20Indian Railway Finance (NSE:IRFC) Has Announced That It Will Be Increasing Its Dividend To ₹0.70
Aug 26Should You Be Adding Indian Railway Finance (NSE:IRFC) To Your Watchlist Today?
Jun 09Should You Be Adding Indian Railway Finance (NSE:IRFC) To Your Watchlist Today?
Dec 22Here's Why I Think Indian Railway Finance (NSE:IRFC) Is An Interesting Stock
Apr 08Indian Railway Finance Corporation Limited (NSE:IRFC) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 17Why Indian Railway Finance Corporation Limited (NSE:IRFC) Is A Top Dividend Stock
May 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IRFC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IRFC has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Indian Railway Finance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IRFC) | 1.0% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Diversified Financial) | 1.3% |
| Analyst forecast in 3 Years (IRFC) | n/a |
Notable Dividend: IRFC's dividend (0.96%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: IRFC's dividend (0.96%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.5%), IRFC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IRFC is paying a dividend but the company has no free cash flows.