Grasim Industries Dividend
Dividend criteria checks 3/6
Grasim Industries is a dividend paying company with a current yield of 0.35% that is well covered by earnings. Next payment date is on 19th September, 2024 with an ex-dividend date of 6th August, 2024.
Key information
0.4%
Dividend yield
12%
Payout ratio
| Industry average yield | 0.5% |
| Next dividend pay date | 19 Sep 24 |
| Ex dividend date | 06 Aug 24 |
| Dividend per share | n/a |
| Earnings per share | ₹82.89 |
| Dividend yield forecast in 3Y | 0.4% |
Recent dividend updates
Recent updates
Grasim Industries (NSE:GRASIM) Is Due To Pay A Dividend Of ₹10.00
Jul 18
Return Trends At Grasim Industries (NSE:GRASIM) Aren't Appealing
Jun 29Is Grasim Industries (NSE:GRASIM) Using Too Much Debt?
Jun 11Grasim Industries Limited's (NSE:GRASIM) Earnings Are Not Doing Enough For Some Investors
Apr 07Grasim Industries' (NSE:GRASIM) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jan 18Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet
Sep 25Grasim Industries' (NSE:GRASIM) Returns On Capital Are Heading Higher
Apr 20Here's Why We Think Grasim Industries (NSE:GRASIM) Is Well Worth Watching
Apr 05Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 20Grasim Industries (NSE:GRASIM) Is Experiencing Growth In Returns On Capital
Jan 10Do Grasim Industries' (NSE:GRASIM) Earnings Warrant Your Attention?
Dec 27Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Dec 14With EPS Growth And More, Grasim Industries (NSE:GRASIM) Makes An Interesting Case
Sep 20Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Jul 06Should You Be Adding Grasim Industries (NSE:GRASIM) To Your Watchlist Today?
Jun 20Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 28A Look At The Fair Value Of Grasim Industries Limited (NSE:GRASIM)
Feb 16We Think Grasim Industries (NSE:GRASIM) Is Taking Some Risk With Its Debt
Dec 17If You Like EPS Growth Then Check Out Grasim Industries (NSE:GRASIM) Before It's Too Late
Nov 18Grasim Industries Limited (NSE:GRASIM) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 30Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Sep 17Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRASIM's dividend payments have been volatile in the past 10 years.
Growing Dividend: GRASIM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Grasim Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRASIM) | 0.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Basic Materials) | 0.5% |
| Analyst forecast in 3 Years (GRASIM) | 0.4% |
Notable Dividend: GRASIM's dividend (0.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: GRASIM's dividend (0.35%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.7%), GRASIM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GRASIM is paying a dividend but the company has no free cash flows.