General Insurance Corporation of India Dividend
Dividend criteria checks 4/6
General Insurance of India is a dividend paying company with a current yield of 2.45% that is well covered by earnings.
Key information
2.4%
Dividend yield
26%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | 11 Sep 24 |
| Dividend per share | ₹10.000 |
| Earnings per share | ₹40.52 |
| Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
Recent updates
Insufficient Growth At General Insurance Corporation of India (NSE:GICRE) Hampers Share Price
May 22
Here's Why We Think General Insurance Corporation of India (NSE:GICRE) Might Deserve Your Attention Today
Apr 15There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 30% Share Price Rise
Feb 06General Insurance Corporation of India's (NSE:GICRE) Business And Shares Still Trailing The Market
Dec 20Here's Why General Insurance Corporation of India (NSE:GICRE) Has Caught The Eye Of Investors
Oct 25Why We Think Shareholders May Be Considering Bumping Up General Insurance Corporation of India's (NSE:GICRE) CEO Compensation
Sep 20General Insurance Corporation of India's (NSE:GICRE) Stock Price Has Reduced 65% In The Past Three Years
Dec 21Factors Income Investors Should Consider Before Adding General Insurance Corporation of India (NSE:GICRE) To Their Portfolio
Sep 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GICRE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GICRE's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| General Insurance Corporation of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GICRE) | 2.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Insurance) | 0.8% |
| Analyst forecast in 3 Years (GICRE) | 2.7% |
Notable Dividend: GICRE's dividend (2.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: GICRE's dividend (2.45%) is in the top 25% of dividend payers in the Indian market (1.06%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.2%), GICRE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.8%), GICRE's dividend payments are well covered by cash flows.