Reliance Industries Dividends and Buybacks
Dividend criteria checks 5/6
Reliance Industries is a dividend paying company with a current yield of 0.41% that is well covered by earnings.
Key information
0.4%
Dividend yield
-0.0009%
Buyback Yield
| Total Shareholder Yield | 0.4% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | -12.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹5.000 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
The Market Doesn't Like What It Sees From Reliance Industries Limited's (NSE:RELIANCE) Earnings Yet
Dec 03
We Think Reliance Industries (NSE:RELIANCE) Is Taking Some Risk With Its Debt
Sep 19Reliance Industries' (NSE:RELIANCE) Upcoming Dividend Will Be Larger Than Last Year's
Aug 08Subdued Growth No Barrier To Reliance Industries Limited's (NSE:RELIANCE) Price
Jul 16Does Reliance Industries (NSE:RELIANCE) Deserve A Spot On Your Watchlist?
Jun 28Does Reliance Industries (NSE:RELIANCE) Have A Healthy Balance Sheet?
May 22Additional Considerations Required While Assessing Reliance Industries' (NSE:RELIANCE) Strong Earnings
May 02Earnings Update: Reliance Industries Limited (NSE:RELIANCE) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts
Apr 25Little Excitement Around Reliance Industries Limited's (NSE:RELIANCE) Earnings
Apr 08With 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 03Stability 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) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Oil and Gas) | 2.8% |
| Analyst forecast (RELIANCE) (up to 3 years) | 0.5% |
Notable Dividend: RELIANCE's dividend (0.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: RELIANCE's dividend (0.41%) is low compared to the top 25% of dividend payers in the Indian market (1.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.7%), RELIANCE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27%), RELIANCE's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:11 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reliance Industries Limited is covered by 77 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vivekanand Subbaraman | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Vishwas Katela | Anand Rathi Shares and Stock Brokers Limited |