Castrol India Limited

NSEI:CASTROLIND Stock Report

Market Cap: ₹198.0b

Castrol India Dividend

Dividend criteria checks 5/6

Castrol India is a dividend paying company with a current yield of 3.66% that is well covered by earnings.

Key information

3.7%

Dividend yield

86%

Payout ratio

Industry average yield0.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share₹8.88
Dividend yield forecast in 3Y4.3%

Recent dividend updates

Castrol India (NSE:CASTROLIND) Is Due To Pay A Dividend Of ₹3.00

Aug 03
Castrol India (NSE:CASTROLIND) Is Due To Pay A Dividend Of ₹3.00

Castrol India's (NSE:CASTROLIND) Upcoming Dividend Will Be Larger Than Last Year's

Aug 04
Castrol India's (NSE:CASTROLIND) Upcoming Dividend Will Be Larger Than Last Year's

Recent updates

It's Unlikely That Castrol India Limited's (NSE:CASTROLIND) CEO Will See A Huge Pay Rise This Year

Mar 22
It's Unlikely That Castrol India Limited's (NSE:CASTROLIND) CEO Will See A Huge Pay Rise This Year

Castrol India Limited (NSE:CASTROLIND) Surges 34% Yet Its Low P/E Is No Reason For Excitement

Jan 06
Castrol India Limited (NSE:CASTROLIND) Surges 34% Yet Its Low P/E Is No Reason For Excitement

Castrol India Limited (NSE:CASTROLIND) Shares Could Be 25% Above Their Intrinsic Value Estimate

Nov 25
Castrol India Limited (NSE:CASTROLIND) Shares Could Be 25% Above Their Intrinsic Value Estimate

Castrol India (NSE:CASTROLIND) Is Due To Pay A Dividend Of ₹3.00

Aug 03
Castrol India (NSE:CASTROLIND) Is Due To Pay A Dividend Of ₹3.00

Is Castrol India (NSE:CASTROLIND) Using Too Much Debt?

Jun 14
Is Castrol India (NSE:CASTROLIND) Using Too Much Debt?

Castrol India's (NSE:CASTROLIND) Upcoming Dividend Will Be Larger Than Last Year's

Aug 04
Castrol India's (NSE:CASTROLIND) Upcoming Dividend Will Be Larger Than Last Year's

Estimating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)

Dec 24
Estimating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)

Estimating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)

May 31
Estimating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)

How Does Castrol India Limited (NSE:CASTROLIND) Fare As A Dividend Stock?

Mar 10
How Does Castrol India Limited (NSE:CASTROLIND) Fare As A Dividend Stock?

Here's Why Castrol India's (NSE:CASTROLIND) Statutory Earnings Are Arguably Too Conservative

Feb 17
Here's Why Castrol India's (NSE:CASTROLIND) Statutory Earnings Are Arguably Too Conservative

Calculating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)

Jan 31
Calculating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)

If You Had Bought Castrol India's (NSE:CASTROLIND) Shares Five Years Ago You Would Be Down 37%

Jan 14
If You Had Bought Castrol India's (NSE:CASTROLIND) Shares Five Years Ago You Would Be Down 37%

Castrol India Limited's (NSE:CASTROLIND) Stock Is Going Strong: Have Financials A Role To Play?

Dec 27
Castrol India Limited's (NSE:CASTROLIND) Stock Is Going Strong: Have Financials A Role To Play?

Do Institutions Own Castrol India Limited (NSE:CASTROLIND) Shares?

Dec 09
Do Institutions Own Castrol India Limited (NSE:CASTROLIND) Shares?

Could Castrol India Limited (NSE:CASTROLIND) Have The Makings Of Another Dividend Aristocrat?

Nov 18
Could Castrol India Limited (NSE:CASTROLIND) Have The Makings Of Another Dividend Aristocrat?

Three Days Left To Buy Castrol India Limited (NSE:CASTROLIND) Before The Ex-Dividend Date

Oct 31
Three Days Left To Buy Castrol India Limited (NSE:CASTROLIND) Before The Ex-Dividend Date

Calculating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)

Oct 18
Calculating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)

We Think Castrol India's (NSE:CASTROLIND) Statutory Profit Might Understate Its Earnings Potential

Oct 03
We Think Castrol India's (NSE:CASTROLIND) Statutory Profit Might Understate Its Earnings Potential

Reflecting on Castrol India's (NSE:CASTROLIND) Share Price Returns Over The Last Five Years

Sep 18
Reflecting on Castrol India's (NSE:CASTROLIND) Share Price Returns Over The Last Five Years

What Type Of Shareholders Own The Most Number of Castrol India Limited (NSE:CASTROLIND) Shares?

Sep 03
What Type Of Shareholders Own The Most Number of Castrol India Limited (NSE:CASTROLIND) Shares?

Is Castrol India Limited (NSE:CASTROLIND) The Right Choice For A Smart Dividend Investor?

Aug 17
Is Castrol India Limited (NSE:CASTROLIND) The Right Choice For A Smart Dividend Investor?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CASTROLIND's dividends per share have been stable in the past 10 years.

Growing Dividend: CASTROLIND's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Castrol India Dividend Yield vs Market
How does CASTROLIND dividend yield compare to the market?
SegmentDividend Yield
Company (CASTROLIND)3.7%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Chemicals)0.7%
Analyst forecast in 3 Years (CASTROLIND)4.3%

Notable Dividend: CASTROLIND's dividend (3.66%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).

High Dividend: CASTROLIND's dividend (3.66%) is in the top 25% of dividend payers in the Indian market (1.16%)


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (85.8%), CASTROLIND's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (97.9%), CASTROLIND's dividend payments are not well covered by cash flows.


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