Castrol India Dividend
Dividend criteria checks 5/6
Castrol India is a dividend paying company with a current yield of 3.85% that is well covered by earnings.
Key information
3.8%
Dividend yield
86%
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 | ₹8.88 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500870's dividends per share have been stable in the past 10 years.
Growing Dividend: 500870's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Castrol India Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (500870) | 3.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (500870) | 4.5% |
Notable Dividend: 500870's dividend (3.85%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 500870's dividend (3.85%) is in the top 25% of dividend payers in the Indian market (1.2%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (85.8%), 500870's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97.9%), 500870's dividend payments are not well covered by cash flows.