Paradeep Phosphates Dividend
Dividend criteria checks 3/6
Paradeep Phosphates is a dividend paying company with a current yield of 0.61% that is well covered by earnings.
Key information
0.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Earnings per share | ₹2.76 |
| Dividend yield forecast | 1.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 543530's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543530's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Paradeep Phosphates Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543530) | 0.6% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Chemicals) | 0.6% |
| Analyst forecast (543530) (up to 3 years) | 1.5% |
Notable Dividend: 543530's dividend (0.61%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 543530's dividend (0.61%) is low compared to the top 25% of dividend payers in the Indian market (1.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.8%), 543530's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4%), 543530's dividend payments are thoroughly covered by cash flows.