Grasim Industries Dividend
Dividend criteria checks 3/6
Grasim Industries is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
12%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹10.000 |
Earnings per share | ₹77.47 |
Dividend yield forecast | 0.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 890190's dividend payments have been volatile in the past 10 years.
Growing Dividend: 890190's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grasim Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (890190) | 0.4% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.0% |
Industry Average (Basic Materials) | 0.5% |
Analyst forecast (890190) (up to 3 years) | 0.3% |
Notable Dividend: 890190's dividend (0.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 890190's dividend (0.36%) is low compared to the top 25% of dividend payers in the Indian market (1.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.7%), 890190's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 890190 is paying a dividend but the company has no free cash flows.