Hindustan Copper Dividend
Dividend criteria checks 2/6
Hindustan Copper is a dividend paying company with a current yield of 0.29% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 19th September, 2024.
Key information
0.3%
Dividend yield
30%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | ₹0.920 |
| Earnings per share | ₹3.74 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 513599's dividend payments have been volatile in the past 10 years.
Growing Dividend: 513599's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Hindustan Copper Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (513599) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.4% |
| Analyst forecast (513599) (up to 3 years) | n/a |
Notable Dividend: 513599's dividend (0.29%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 513599's dividend (0.29%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.1%), 513599's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 513599 is paying a dividend but the company has no free cash flows.