Indraprastha Medical Dividend
Dividend criteria checks 5/6
Indraprastha Medical is a dividend paying company with a current yield of 1.16% that is well covered by earnings. Next payment date is on 24th October, 2024 with an ex-dividend date of 13th September, 2024.
Key information
1.2%
Dividend yield
33%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | 24 Oct 24 |
| Ex dividend date | 13 Sep 24 |
| Dividend per share | ₹4.500 |
| Earnings per share | ₹15.08 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Indraprastha Medical's (NSE:INDRAMEDCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 30
Indraprastha Medical's (NSE:INDRAMEDCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 11Indraprastha Medical's (NSE:INDRAMEDCO) Dividend Will Be Increased To ₹3.00
Sep 10Indraprastha Medical's (NSE:INDRAMEDCO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 27Recent updates
Indraprastha Medical's (NSE:INDRAMEDCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 30Indraprastha Medical's (NSE:INDRAMEDCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 11Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO) Soars 34% But It's A Story Of Risk Vs Reward
Aug 08Investors Should Be Encouraged By Indraprastha Medical's (NSE:INDRAMEDCO) Returns On Capital
Jun 12Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO) Shares Fly 42% But Investors Aren't Buying For Growth
Apr 06Why Investors Shouldn't Be Surprised By Indraprastha Medical Corporation Limited's (NSE:INDRAMEDCO) Low P/E
Feb 01Why The 29% Return On Capital At Indraprastha Medical (NSE:INDRAMEDCO) Should Have Your Attention
Nov 03We Think Indraprastha Medical Corporation Limited's (NSE:INDRAMEDCO) CEO Compensation Looks Fair
Sep 15Indraprastha Medical's (NSE:INDRAMEDCO) Dividend Will Be Increased To ₹3.00
Sep 10Indraprastha Medical's (NSE:INDRAMEDCO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 27Indraprastha Medical (NSE:INDRAMEDCO) Is Paying Out A Larger Dividend Than Last Year
Aug 08Why We Like The Returns At Indraprastha Medical (NSE:INDRAMEDCO)
Jul 31Indraprastha Medical (NSE:INDRAMEDCO) Is Very Good At Capital Allocation
Jan 21We Think Indraprastha Medical's (NSE:INDRAMEDCO) Profit Is Only A Baseline For What They Can Achieve
Nov 12Estimating The Intrinsic Value Of Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO)
Nov 02Why We Like The Returns At Indraprastha Medical (NSE:INDRAMEDCO)
May 12Estimating The Intrinsic Value Of Indraprastha Medical Corporation Limited (NSE:INDRAMEDCO)
Jun 10Introducing Indraprastha Medical (NSE:INDRAMEDCO), A Stock That Climbed 24% In The Last Year
Feb 21Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDRAMEDCO) | 1.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Healthcare) | 0.3% |
| Analyst forecast in 3 Years (INDRAMEDCO) | n/a |
Notable Dividend: INDRAMEDCO's dividend (1.16%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: INDRAMEDCO's dividend (1.16%) is in the top 25% of dividend payers in the Indian market (1.05%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.3%), INDRAMEDCO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.5%), INDRAMEDCO's dividend payments are well covered by cash flows.