Gujarat Intrux Dividend
Dividend criteria checks 3/6
Gujarat Intrux is a dividend paying company with a current yield of 2.73% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
2.7%
Dividend yield
60%
Payout ratio
| Industry average yield | 5.3% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₹16.70 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 517372 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 517372's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Gujarat Intrux Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (517372) | 2.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 5.3% |
| Analyst forecast in 3 Years (517372) | n/a |
Notable Dividend: 517372's dividend (2.73%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 517372's dividend (2.73%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60%), 517372's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 517372's cash payout ratio to determine if its dividend payments are covered by cash flows.