Indraprastha Medical Corporation Limited

NSEI:INDRAMEDCO Stock Report

Market Cap: ₹24.5b

Indraprastha Medical Dividend

Dividend criteria checks 4/6

Indraprastha Medical is a dividend paying company with a current yield of 1.12% that is well covered by earnings.

Key information

1.1%

Dividend yield

32%

Payout ratio

Industry average yield0.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₹12.29
Dividend yield forecast in 3Yn/a

Recent dividend updates

Indraprastha Medical's (NSE:INDRAMEDCO) Dividend Will Be Increased To ₹3.00

Sep 10
Indraprastha Medical's (NSE:INDRAMEDCO) Dividend Will Be Increased To ₹3.00

Indraprastha Medical's (NSE:INDRAMEDCO) Upcoming Dividend Will Be Larger Than Last Year's

Aug 27
Indraprastha Medical's (NSE:INDRAMEDCO) Upcoming Dividend Will Be Larger Than Last Year's

Indraprastha Medical (NSE:INDRAMEDCO) Is Paying Out A Larger Dividend Than Last Year

Aug 08
Indraprastha Medical (NSE:INDRAMEDCO) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO) Shares Fly 42% But Investors Aren't Buying For Growth

Apr 06
Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO) Shares Fly 42% But Investors Aren't Buying For Growth

Why Investors Shouldn't Be Surprised By Indraprastha Medical Corporation Limited's (NSE:INDRAMEDCO) Low P/E

Feb 01
Why Investors Shouldn't Be Surprised By Indraprastha Medical Corporation Limited's (NSE:INDRAMEDCO) Low P/E

Why The 29% Return On Capital At Indraprastha Medical (NSE:INDRAMEDCO) Should Have Your Attention

Nov 03
Why The 29% Return On Capital At Indraprastha Medical (NSE:INDRAMEDCO) Should Have Your Attention

We Think Indraprastha Medical Corporation Limited's (NSE:INDRAMEDCO) CEO Compensation Looks Fair

Sep 15
We Think Indraprastha Medical Corporation Limited's (NSE:INDRAMEDCO) CEO Compensation Looks Fair

Indraprastha Medical's (NSE:INDRAMEDCO) Dividend Will Be Increased To ₹3.00

Sep 10
Indraprastha Medical's (NSE:INDRAMEDCO) Dividend Will Be Increased To ₹3.00

Indraprastha Medical's (NSE:INDRAMEDCO) Upcoming Dividend Will Be Larger Than Last Year's

Aug 27
Indraprastha Medical's (NSE:INDRAMEDCO) Upcoming Dividend Will Be Larger Than Last Year's

Indraprastha Medical (NSE:INDRAMEDCO) Is Paying Out A Larger Dividend Than Last Year

Aug 08
Indraprastha Medical (NSE:INDRAMEDCO) Is Paying Out A Larger Dividend Than Last Year

Why We Like The Returns At Indraprastha Medical (NSE:INDRAMEDCO)

Jul 31
Why We Like The Returns At Indraprastha Medical (NSE:INDRAMEDCO)

Indraprastha Medical (NSE:INDRAMEDCO) Is Very Good At Capital Allocation

Jan 21
Indraprastha Medical (NSE:INDRAMEDCO) Is Very Good At Capital Allocation

We Think Indraprastha Medical's (NSE:INDRAMEDCO) Profit Is Only A Baseline For What They Can Achieve

Nov 12
We Think Indraprastha Medical's (NSE:INDRAMEDCO) Profit Is Only A Baseline For What They Can Achieve

Estimating The Intrinsic Value Of Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO)

Nov 02
Estimating The Intrinsic Value Of Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO)

Why We Like The Returns At Indraprastha Medical (NSE:INDRAMEDCO)

May 12
Why We Like The Returns At Indraprastha Medical (NSE:INDRAMEDCO)

Estimating The Intrinsic Value Of Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO)

Jun 10
Estimating The Intrinsic Value Of Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO)

Introducing Indraprastha Medical (NSE:INDRAMEDCO), A Stock That Climbed 24% In The Last Year

Feb 21
Introducing Indraprastha Medical (NSE:INDRAMEDCO), A Stock That Climbed 24% In The Last Year

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: INDRAMEDCO's dividend payments have been volatile in the past 10 years.

Growing Dividend: INDRAMEDCO's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Indraprastha Medical Dividend Yield vs Market
How does INDRAMEDCO dividend yield compare to the market?
SegmentDividend Yield
Company (INDRAMEDCO)1.1%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Healthcare)0.3%
Analyst forecast in 3 Years (INDRAMEDCO)n/a

Notable Dividend: INDRAMEDCO's dividend (1.12%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: INDRAMEDCO's dividend (1.12%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (31.9%), INDRAMEDCO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (61.5%), INDRAMEDCO's dividend payments are covered by cash flows.


Discover strong dividend paying companies

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