Gujarat Mineral Development Dividends and Buybacks
Dividend criteria checks 4/6
Gujarat Mineral Development is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.8% |
| Dividend Growth | -2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹9.550 |
| Payout ratio | 49% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532181's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532181's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gujarat Mineral Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532181) | 2.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Oil and Gas) | 2.7% |
| Analyst forecast (532181) (up to 3 years) | 1.8% |
Notable Dividend: 532181's dividend (2.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532181's dividend (2.77%) is in the top 25% of dividend payers in the Indian market (1.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.2%), 532181's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 532181 is paying a dividend but the company has no free cash flows.