GPT Healthcare Dividend
Dividend criteria checks 4/6
GPT Healthcare is a dividend paying company with a current yield of 2.45% that is well covered by earnings.
Key information
2.4%
Dividend yield
88%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹5.93 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether GPTHEALTH's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GPTHEALTH's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| GPT Healthcare Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GPTHEALTH) | 2.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast in 3 Years (GPTHEALTH) | n/a |
Notable Dividend: GPTHEALTH's dividend (2.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: GPTHEALTH's dividend (2.45%) is in the top 25% of dividend payers in the Indian market (1.2%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87.8%), GPTHEALTH's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.1%), GPTHEALTH's dividend payments are covered by cash flows.