Castrol India Dividend
Dividend criteria checks 5/6
Castrol India is a dividend paying company with a current yield of 3.7% that is well covered by earnings.
Key information
3.7%
Dividend yield
86%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹8.88 |
| Dividend yield forecast in 3Y | 4.4% |
Recent dividend updates
Castrol India (NSE:CASTROLIND) Is Due To Pay A Dividend Of ₹3.00
Aug 03
Castrol India's (NSE:CASTROLIND) Upcoming Dividend Will Be Larger Than Last Year's
Aug 04Recent updates
It's Unlikely That Castrol India Limited's (NSE:CASTROLIND) CEO Will See A Huge Pay Rise This Year
Mar 22Castrol India Limited (NSE:CASTROLIND) Surges 34% Yet Its Low P/E Is No Reason For Excitement
Jan 06Castrol India Limited (NSE:CASTROLIND) Shares Could Be 25% Above Their Intrinsic Value Estimate
Nov 25Castrol India (NSE:CASTROLIND) Is Due To Pay A Dividend Of ₹3.00
Aug 03Is Castrol India (NSE:CASTROLIND) Using Too Much Debt?
Jun 14Castrol India's (NSE:CASTROLIND) Upcoming Dividend Will Be Larger Than Last Year's
Aug 04Estimating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)
Dec 24Estimating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)
May 31How Does Castrol India Limited (NSE:CASTROLIND) Fare As A Dividend Stock?
Mar 10Here's Why Castrol India's (NSE:CASTROLIND) Statutory Earnings Are Arguably Too Conservative
Feb 17Calculating The Fair Value Of Castrol India Limited (NSE:CASTROLIND)
Jan 31If You Had Bought Castrol India's (NSE:CASTROLIND) Shares Five Years Ago You Would Be Down 37%
Jan 14
Castrol India Limited's (NSE:CASTROLIND) Stock Is Going Strong: Have Financials A Role To Play?
Dec 27Do Institutions Own Castrol India Limited (NSE:CASTROLIND) Shares?
Dec 09Could Castrol India Limited (NSE:CASTROLIND) Have The Makings Of Another Dividend Aristocrat?
Nov 18Three Days Left To Buy Castrol India Limited (NSE:CASTROLIND) Before The Ex-Dividend Date
Oct 31Calculating The Intrinsic Value Of Castrol India Limited (NSE:CASTROLIND)
Oct 18We Think Castrol India's (NSE:CASTROLIND) Statutory Profit Might Understate Its Earnings Potential
Oct 03Reflecting on Castrol India's (NSE:CASTROLIND) Share Price Returns Over The Last Five Years
Sep 18What Type Of Shareholders Own The Most Number of Castrol India Limited (NSE:CASTROLIND) Shares?
Sep 03Is Castrol India Limited (NSE:CASTROLIND) The Right Choice For A Smart Dividend Investor?
Aug 17Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CASTROLIND) | 3.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast in 3 Years (CASTROLIND) | 4.4% |
Notable Dividend: CASTROLIND's dividend (3.7%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: CASTROLIND's dividend (3.7%) is in the top 25% of dividend payers in the Indian market (1.13%)
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.