Great Eastern Shipping Dividend
Dividend criteria checks 5/6
Great Eastern Shipping is a dividend paying company with a current yield of 2.16% that is well covered by earnings. Next payment date is on 31st August, 2024 with an ex-dividend date of 13th August, 2024.
Key information
2.3%
Dividend yield
16%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 31 Aug 24 |
| Ex dividend date | 13 Aug 24 |
| Dividend per share | ₹28.800 |
| Earnings per share | ₹199.62 |
| Dividend yield forecast in 3Y | 2.3% |
Recent dividend updates
Recent updates
Great Eastern Shipping (NSE:GESHIP) Is Paying Out Less In Dividends Than Last Year
Aug 05
A Look At The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Jul 29The Great Eastern Shipping Company Limited (NSE:GESHIP) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Jul 05Great Eastern Shipping (NSE:GESHIP) Is Experiencing Growth In Returns On Capital
Jun 22Great Eastern Shipping (NSE:GESHIP) Strong Profits May Be Masking Some Underlying Issues
May 22Lacklustre Performance Is Driving The Great Eastern Shipping Company Limited's (NSE:GESHIP) Low P/E
May 12Estimating The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Mar 27Great Eastern Shipping (NSE:GESHIP) Is Experiencing Growth In Returns On Capital
Feb 23Just In: One Analyst Has Become A Lot More Bullish On The Great Eastern Shipping Company Limited's (NSE:GESHIP) Earnings
Feb 06We Ran A Stock Scan For Earnings Growth And Great Eastern Shipping (NSE:GESHIP) Passed With Ease
Jan 26The Great Eastern Shipping Company Limited (NSE:GESHIP) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Dec 20There's Been No Shortage Of Growth Recently For Great Eastern Shipping's (NSE:GESHIP) Returns On Capital
Nov 17Is Now The Time To Put Great Eastern Shipping (NSE:GESHIP) On Your Watchlist?
Sep 28Great Eastern Shipping (NSE:GESHIP) Has A Rock Solid Balance Sheet
Sep 08Great Eastern Shipping (NSE:GESHIP) Could Easily Take On More Debt
Jun 09Great Eastern Shipping (NSE:GESHIP) Is Achieving High Returns On Its Capital
May 16Great Eastern Shipping (NSE:GESHIP) Is Increasing Its Dividend To ₹9.00
May 16Here's Why We Think Great Eastern Shipping (NSE:GESHIP) Is Well Worth Watching
Mar 25Calculating The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Jan 10Does Great Eastern Shipping (NSE:GESHIP) Have A Healthy Balance Sheet?
Dec 23Here's Why Great Eastern Shipping (NSE:GESHIP) Has Caught The Eye Of Investors
Dec 02Great Eastern Shipping (NSE:GESHIP) Has Announced That It Will Be Increasing Its Dividend To ₹7.20
Nov 17Great Eastern Shipping (NSE:GESHIP) Is Looking To Continue Growing Its Returns On Capital
Oct 13We Ran A Stock Scan For Earnings Growth And Great Eastern Shipping (NSE:GESHIP) Passed With Ease
Aug 24Estimating The Fair Value Of The Great Eastern Shipping Company Limited (NSE:GESHIP)
Aug 02Does Great Eastern Shipping (NSE:GESHIP) Have A Healthy Balance Sheet?
Jun 23Investors Met With Slowing Returns on Capital At Great Eastern Shipping (NSE:GESHIP)
Dec 17These 4 Measures Indicate That Great Eastern Shipping (NSE:GESHIP) Is Using Debt Reasonably Well
Nov 04The Returns On Capital At Great Eastern Shipping (NSE:GESHIP) Don't Inspire Confidence
Aug 27It's Unlikely That The Great Eastern Shipping Company Limited's (NSE:GESHIP) CEO Will See A Huge Pay Rise This Year
Jul 22Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GESHIP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GESHIP'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 (GESHIP) | 2.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Oil and Gas) | 2.2% |
| Analyst forecast in 3 Years (GESHIP) | 2.3% |
Notable Dividend: GESHIP's dividend (2.16%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: GESHIP's dividend (2.16%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.2%), GESHIP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.9%), GESHIP's dividend payments are well covered by cash flows.