JSW Steel Dividends and Buybacks
Dividend criteria checks 3/6
JSW Steel is a dividend paying company with a current yield of 0.78% that is well covered by earnings.
Key information
0.8%
Dividend yield
-0.003%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹7.300 |
| Payout ratio | 20% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500228's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500228's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| JSW Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500228) | 0.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (500228) (up to 3 years) | 1.0% |
Notable Dividend: 500228's dividend (0.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500228's dividend (0.78%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.1%), 500228's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 500228 is paying a dividend but the company has no free cash flows.