Great Eastern Shipping Dividends and Buybacks
Dividend criteria checks 5/6
Great Eastern Shipping is a dividend paying company with a current yield of 2.71% that is well covered by earnings. Next payment date is on 7th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
2.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.7% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 07 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | ₹28.800 |
| Payout ratio | 17% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500620) | 2.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Oil and Gas) | 2.7% |
| Analyst forecast (500620) (up to 3 years) | 2.7% |
Notable Dividend: 500620's dividend (2.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500620's dividend (2.71%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.8%), 500620's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.9%), 500620's dividend payments are well covered by cash flows.