Tamilnadu Petroproducts Dividend
Dividend criteria checks 4/6
Tamilnadu Petroproducts is a dividend paying company with a current yield of 1.39% that is well covered by earnings.
Key information
1.4%
Dividend yield
22%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.200 |
| Earnings per share | ₹5.52 |
| Future Dividend Yield | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500777 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500777's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Tamilnadu Petroproducts Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500777) | 1.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (500777) (up to 3 years) | n/a |
Notable Dividend: 500777's dividend (1.39%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 500777's dividend (1.39%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), 500777's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.3%), 500777's dividend payments are thoroughly covered by cash flows.