Jindal Saw Dividends and Buybacks
Dividend criteria checks 5/6
Jindal Saw is a dividend paying company with a current yield of 0.65% that is well covered by earnings.
Key information
0.7%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 0.7% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | -3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 8% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500378's dividends per share have been stable in the past 10 years.
Growing Dividend: 500378's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jindal Saw Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500378) | 0.7% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.6% |
| Analyst forecast (500378) (up to 3 years) | 1.2% |
Notable Dividend: 500378's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500378's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.6%), 500378's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7%), 500378's dividend payments are thoroughly covered by cash flows.