Indian Oil Dividend
Dividend criteria checks 5/6
Indian Oil is a dividend paying company with a current yield of 8.2% that is well covered by earnings.
Key information
8.2%
Dividend yield
40%
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 | ₹30.30 |
Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 530965's dividend payments have been volatile in the past 10 years.
Growing Dividend: 530965's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Indian Oil Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (530965) | 8.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Oil and Gas) | 2.1% |
Analyst forecast in 3 Years (530965) | 4.4% |
Notable Dividend: 530965's dividend (8.2%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 530965's dividend (8.2%) is in the top 25% of dividend payers in the Indian market (1.17%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.6%), 530965's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.8%), 530965's dividend payments are covered by cash flows.