Gulf Oil Lubricants India Dividend
Dividend criteria checks 5/6
Gulf Oil Lubricants India is a dividend paying company with a current yield of 3.1% that is well covered by earnings.
Key information
3.1%
Dividend yield
71%
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 | ₹57.74 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 538567's dividend payments have been volatile in the past 10 years.
Growing Dividend: 538567's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Gulf Oil Lubricants India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (538567) | 3.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (538567) | 5.0% |
Notable Dividend: 538567's dividend (3.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 538567's dividend (3.1%) 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 (71%), 538567's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.8%), 538567's dividend payments are covered by cash flows.