Gandhi Special Tubes Dividends and Buybacks
Dividend criteria checks 6/6
Gandhi Special Tubes is a dividend paying company with a current yield of 1.72% that is well covered by earnings.
Key information
1.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹13.000 |
| Payout ratio | 28% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (513108) | 1.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (513108) (up to 3 years) | n/a |
Notable Dividend: 513108's dividend (1.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 513108's dividend (1.72%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.4%), 513108's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.1%), 513108's dividend payments are well covered by cash flows.