Reliance Industrial Infrastructure Dividend
Dividend criteria checks 3/6
Reliance Industrial Infrastructure is a dividend paying company with a current yield of 0.28% that is well covered by earnings.
Key information
0.3%
Dividend yield
40%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.500 |
| Earnings per share | ₹8.87 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523445's dividends per share have been stable in the past 10 years.
Growing Dividend: 523445's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Reliance Industrial Infrastructure Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (523445) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Oil and Gas) | 2.3% |
| Analyst forecast (523445) (up to 3 years) | n/a |
Notable Dividend: 523445's dividend (0.28%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 523445's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.02%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), 523445's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (260.8%), 523445's dividend payments are not well covered by cash flows.