Gujarat Craft Industries Dividend
Dividend criteria checks 3/6
Gujarat Craft Industries is a dividend paying company with a current yield of 0.86% that is well covered by earnings.
Key information
0.9%
Dividend yield
14%
Payout ratio
Industry average yield | 0.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹6.43 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 526965 has been paying a dividend for less than 10 years.
Growing Dividend: 526965 has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
Gujarat Craft Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (526965) | 0.9% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Packaging) | 0.9% |
Analyst forecast in 3 Years (526965) | n/a |
Notable Dividend: 526965's dividend (0.86%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 526965's dividend (0.86%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.1%), 526965's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.4%), 526965's dividend payments are covered by cash flows.