Grasim Industries Dividends and Buybacks
Dividend criteria checks 3/6
Grasim Industries is a dividend paying company with a current yield of 0.38% that is well covered by earnings.
Key information
0.4%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | -0.7% |
| Future Dividend Yield | 0.3% |
| Dividend Growth | -2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹10.000 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Here's Why Grasim Industries (NSE:GRASIMPP1) Is Weighed Down By Its Debt Load
Dec 12
Grasim Industries Limited (NSE:GRASIMPP1) Stock Rockets 48% As Investors Are Less Pessimistic Than Expected
Aug 13Grasim Industries Limited's (NSE:GRASIMPP) Price Is Right But Growth Is Lacking
Apr 15Is Grasim Industries (NSE:GRASIMPP) A Risky Investment?
Mar 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRASIMPP1's dividend payments have been volatile in the past 10 years.
Growing Dividend: GRASIMPP1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Grasim Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRASIMPP1) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Basic Materials) | 0.5% |
| Analyst forecast (GRASIMPP1) (up to 3 years) | 0.3% |
Notable Dividend: GRASIMPP1's dividend (0.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).
High Dividend: GRASIMPP1's dividend (0.38%) is low compared to the top 25% of dividend payers in the Indian market (1.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.7%), GRASIMPP1's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GRASIMPP1 is paying a dividend but the company has no free cash flows.