PI Industries Dividend
Dividend criteria checks 4/6
PI Industries is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
11%
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 | ₹104.99 |
Dividend yield forecast in 3Y | 0.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 523642's dividend payments have been volatile in the past 10 years.
Growing Dividend: 523642's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
PI Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (523642) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (523642) | 0.4% |
Notable Dividend: 523642's dividend (0.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 523642's dividend (0.32%) is low compared to the top 25% of dividend payers in the Indian market (1.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11%), 523642's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.3%), 523642's dividend payments are thoroughly covered by cash flows.