Godawari Power & Ispat Dividend
Dividend criteria checks 4/6
Godawari Power & Ispat is a dividend paying company with a current yield of 0.51% that is well covered by earnings.
Key information
0.5%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | -5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.000 |
| Payout ratio | 7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532734's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532734's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Godawari Power & Ispat Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532734) | 0.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.6% |
| Analyst forecast (532734) (up to 3 years) | 1.0% |
Notable Dividend: 532734's dividend (0.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 532734's dividend (0.51%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.7%), 532734's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.5%), 532734's dividend payments are thoroughly covered by cash flows.