Southern Petrochemical Industries Dividend
Dividend criteria checks 3/6
Southern Petrochemical Industries is a dividend paying company with a current yield of 1.84% that is well covered by earnings.
Key information
1.8%
Dividend yield
10%
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 | ₹7.99 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 590030 has been paying a dividend for less than 10 years.
Growing Dividend: 590030's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Southern Petrochemical Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (590030) | 1.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (590030) | n/a |
Notable Dividend: 590030's dividend (1.84%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 590030's dividend (1.84%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (10.2%), 590030's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 590030 is paying a dividend but the company has no free cash flows.