Chennai Petroleum Corporation Limited

BSE:500110 Stock Report

Market Cap: ₹181.8b

Chennai Petroleum Dividend

Dividend criteria checks 4/6

Chennai Petroleum is a dividend paying company with a current yield of 5.31% that is well covered by earnings. Next payment date is on 6th August, 2024 with an ex-dividend date of 19th July, 2024.

Key information


Dividend yield


Payout ratio

Industry average yield2.2%
Next dividend pay date06 Aug 24
Ex dividend date19 Jul 24
Dividend per sharen/a
Earnings per share₹184.34
Dividend yield forecast in 3Y3.6%

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
How does 500110 dividend yield compare to the market?
SegmentDividend Yield
Company (500110)5.3%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.1%
Industry Average (Oil and Gas)2.2%
Analyst forecast in 3 Years (500110)3.6%

Notable Dividend: 500110's dividend (5.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: 500110's dividend (5.31%) is in the top 25% of dividend payers in the Indian market (1.09%)

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (29.8%), 500110's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (39.2%), 500110's dividend payments are well covered by cash flows.

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