Greenpanel Industries Dividend
Dividend criteria checks 3/6
Greenpanel Industries is a dividend paying company with a current yield of 0.5% that is well covered by earnings.
|Industry average yield||1.0%|
|Next dividend pay date||n/a|
|Ex dividend date||n/a|
|Dividend per share||₹1.50|
|Earnings per share||₹20.92|
|Dividend yield forecast in 3Y||1.0%|
Recent dividend updates
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: Too early to tell whether 542857's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 542857's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
|Greenpanel Industries Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Forestry)||1.0%|
|Analyst forecast in 3 Years (542857)||1.0%|
Notable Dividend: 542857's dividend (0.46%) is higher than the bottom 25% of dividend payers in the Indian market (0.38%).
High Dividend: 542857's dividend (0.46%) is low compared to the top 25% of dividend payers in the Indian market (1.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.2%), 542857's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.2%), 542857's dividend payments are thoroughly covered by cash flows.