Great Eastern Shipping Dividend
Dividend criteria checks 5/6
Great Eastern Shipping is a dividend paying company with a current yield of 3.48% that is well covered by earnings.
Key information
3.5%
Dividend yield
23%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹170.28 |
Dividend yield forecast in 3Y | 3.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500620's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500620's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Great Eastern Shipping Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500620) | 3.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Oil and Gas) | 2.1% |
Analyst forecast in 3 Years (500620) | 3.5% |
Notable Dividend: 500620's dividend (3.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500620's dividend (3.48%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.3%), 500620's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.6%), 500620's dividend payments are well covered by cash flows.