Chennai Petroleum Dividend
Dividend criteria checks 4/6
Chennai Petroleum is a dividend paying company with a current yield of 5.64% that is well covered by earnings.
Key information
5.6%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹184.34 |
| Dividend yield forecast in 3Y | 3.8% |
Recent dividend updates
Recent updates
Insufficient Growth At Chennai Petroleum Corporation Limited (NSE:CHENNPETRO) Hampers Share Price
Apr 20
These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt Reasonably Well
Mar 15Calculating The Intrinsic Value Of Chennai Petroleum Corporation Limited (NSE:CHENNPETRO)
Feb 13Investors Shouldn't Overlook Chennai Petroleum's (NSE:CHENNPETRO) Impressive Returns On Capital
Jan 04Is Chennai Petroleum (NSE:CHENNPETRO) A Risky Investment?
Nov 18A Look Into Chennai Petroleum's (NSE:CHENNPETRO) Impressive Returns On Capital
Sep 17These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt Reasonably Well
Jul 06Statutory Profit Doesn't Reflect How Good Chennai Petroleum's (NSE:CHENNPETRO) Earnings Are
May 05Is Chennai Petroleum (NSE:CHENNPETRO) A Risky Investment?
Mar 16Chennai Petroleum (NSE:CHENNPETRO) Has A Somewhat Strained Balance Sheet
Dec 01Calculating The Fair Value Of Chennai Petroleum Corporation Limited (NSE:CHENNPETRO)
Jun 07Chennai Petroleum (NSE:CHENNPETRO) Takes On Some Risk With Its Use Of Debt
Apr 30Here's What's Concerning About Chennai Petroleum's (NSE:CHENNPETRO) Returns On Capital
Mar 03Returns At Chennai Petroleum (NSE:CHENNPETRO) Appear To Be Weighed Down
Oct 07These 4 Measures Indicate That Chennai Petroleum (NSE:CHENNPETRO) Is Using Debt In A Risky Way
Aug 23Returns on Capital Paint A Bright Future For Chennai Petroleum (NSE:CHENNPETRO)
Jun 11Chennai Petroleum (NSE:CHENNPETRO) Has A Somewhat Strained Balance Sheet
Apr 30What Is The Ownership Structure Like For Chennai Petroleum Corporation Limited (NSE:CHENNPETRO)?
Mar 20How Should Investors React To Chennai Petroleum's (NSE:CHENNPETRO) CEO Pay?
Jan 26Would Shareholders Who Purchased Chennai Petroleum's (NSE:CHENNPETRO) Stock Three Years Be Happy With The Share price Today?
Dec 06Here's What Chennai Petroleum Corporation Limited's (NSE:CHENNPETRO) Shareholder Ownership Structure Looks Like
Oct 14How Much Did Chennai Petroleum's(NSE:CHENNPETRO) Shareholders Earn From Share Price Movements Over The Last Three Years?
Aug 22
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CHENNPETRO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CHENNPETRO's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Chennai Petroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CHENNPETRO) | 5.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Oil and Gas) | 2.3% |
| Analyst forecast in 3 Years (CHENNPETRO) | 3.8% |
Notable Dividend: CHENNPETRO's dividend (5.64%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: CHENNPETRO's dividend (5.64%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), CHENNPETRO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.2%), CHENNPETRO's dividend payments are well covered by cash flows.