I G Petrochemicals Dividend
Dividend criteria checks 3/6
I G Petrochemicals is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
15%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹22.28 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500199 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500199's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
I G Petrochemicals Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500199) | 1.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (500199) | 1.9% |
Notable Dividend: 500199's dividend (1.92%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500199's dividend (1.92%) is in the top 25% of dividend payers in the Indian market (1.19%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), 500199's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 500199 is paying a dividend but the company has no free cash flows.