Jindal Steel & Power Limited
BSE:532286 Stock Report
Jindal Steel & Power Dividends and Buybacks
Dividend criteria checks 2/6
Jindal Steel & Power is a dividend paying company with a current yield of 0.23% that is well covered by earnings.
Key information
| Total Shareholder Yield | -0.9% |
| Future Dividend Yield | 0.4% |
| Dividend Growth | -0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Stability and Growth of Payments
Stable Dividend: 532286's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532286's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jindal Steel & Power Dividend Yield vs Market |
|---|
How does 532286 dividend yield compare to the market?| Segment | Dividend Yield |
|---|
| Company (532286) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (532286) (up to 3 years) | 0.4% |
Notable Dividend: 532286's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532286's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.4%), 532286's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 532286 is paying a dividend but the company has no free cash flows.
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