Gandhi Special Tubes Dividend
Dividend criteria checks 6/6
Gandhi Special Tubes is a dividend paying company with a current yield of 1.49% that is well covered by earnings.
Key information
1.5%
Dividend yield
30%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹43.35 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 513108's dividends per share have been stable in the past 10 years.
Growing Dividend: 513108's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Gandhi Special Tubes Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (513108) | 1.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Metals and Mining) | 5.3% |
Analyst forecast in 3 Years (513108) | n/a |
Notable Dividend: 513108's dividend (1.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 513108's dividend (1.49%) is in the top 25% of dividend payers in the Indian market (1.19%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 513108's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39%), 513108's dividend payments are well covered by cash flows.