Chennai Petroleum Dividend
Dividend criteria checks 4/6
Chennai Petroleum is a dividend paying company with a current yield of 2.97% that is well covered by earnings.
Key information
3.0%
Dividend yield
11%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹210.19 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500110 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500110's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Chennai Petroleum Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500110) | 3.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Oil and Gas) | 1.8% |
Analyst forecast in 3 Years (500110) | 2.6% |
Notable Dividend: 500110's dividend (2.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 500110's dividend (2.97%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), 500110's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.4%), 500110's dividend payments are thoroughly covered by cash flows.