Reliance Industries Dividend
Dividend criteria checks 5/6
Reliance Industries is a dividend paying company with a current yield of 0.31% that is well covered by earnings.
Key information
0.3%
Dividend yield
9%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹109.97 |
| Dividend yield forecast in 3Y | 0.7% |
Recent dividend updates
Recent updates
Little Excitement Around Reliance Industries Limited's (NSE:RELIANCE) Earnings
Apr 08
With EPS Growth And More, Reliance Industries (NSE:RELIANCE) Makes An Interesting Case
Feb 09Analyst Estimates: Here's What Brokers Think Of Reliance Industries Limited (NSE:RELIANCE) After Its Third-Quarter Report
Jan 22Is Reliance Industries (NSE:RELIANCE) Using Too Much Debt?
Jan 21There Is A Reason Reliance Industries Limited's (NSE:RELIANCE) Price Is Undemanding
Jan 03Reliance Industries (NSE:RELIANCE) Is Increasing Its Dividend To ₹9.00
Aug 08Returns On Capital Signal Tricky Times Ahead For Reliance Industries (NSE:RELIANCE)
Jul 30Here's Why Reliance Industries (NSE:RELIANCE) Can Manage Its Debt Responsibly
Jun 26Should You Be Adding Reliance Industries (NSE:RELIANCE) To Your Watchlist Today?
May 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RELIANCE's dividends per share have been stable in the past 10 years.
Growing Dividend: RELIANCE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Reliance Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RELIANCE) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Oil and Gas) | 1.8% |
| Analyst forecast in 3 Years (RELIANCE) | 0.7% |
Notable Dividend: RELIANCE's dividend (0.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: RELIANCE's dividend (0.31%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.2%), RELIANCE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.2%), RELIANCE's dividend payments are well covered by cash flows.