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.
Key information
0.5%
Dividend yield
7%
Payout ratio
| 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
Recent updates
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 3/31/2025 | 3.37 | 1% |
| 3/31/2024 | 2.3 | 0.7% |
| 5/31/2023 | 1.5 | 0.5% |
| 1/31/2023 | 1.5 | 0.5% |
| 1/24/2022 | 1.5 | 0.3% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (542857) | 0.5% |
| 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.