I G Petrochemicals Dividend
Dividend criteria checks 3/6
I G Petrochemicals is a dividend paying company with a current yield of 1.9% that is well covered by earnings.
Key information
1.9%
Dividend yield
15%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹22.28 |
| Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Recent updates
I G Petrochemicals Limited's (NSE:IGPL) Shares Leap 26% Yet They're Still Not Telling The Full Story
May 01
These 4 Measures Indicate That I G Petrochemicals (NSE:IGPL) Is Using Debt Reasonably Well
May 28Here's Why I G Petrochemicals (NSE:IGPL) Can Manage Its Debt Responsibly
Feb 25Do I G Petrochemicals's (NSE:IGPL) Earnings Warrant Your Attention?
Oct 22I G Petrochemicals (NSE:IGPL) Has A Pretty Healthy Balance Sheet
Sep 17Estimating The Fair Value Of I G Petrochemicals Limited (NSE:IGPL)
May 30Is I G Petrochemicals (NSE:IGPL) Using Too Much Debt?
Mar 03Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?
Feb 10I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Jan 20Introducing I G Petrochemicals (NSE:IGPL), The Stock That Zoomed 227% In The Last Five Years
Dec 25
We Think I G Petrochemicals (NSE:IGPL) Is Taking Some Risk With Its Debt
Nov 29What To Know Before Buying I G Petrochemicals Limited (NSE:IGPL) For Its Dividend
Nov 03I G Petrochemicals Limited (NSE:IGPL) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Sep 26Did Business Growth Power I G Petrochemicals' (NSE:IGPL) Share Price Gain of 120%?
Aug 31Is I G Petrochemicals Limited (NSE:IGPL) A Good Fit For Your Dividend Portfolio?
Aug 04I G Petrochemicals (NSE:IGPL) Use Of Debt Could Be Considered Risky
Jun 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IGPL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: IGPL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| I G Petrochemicals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IGPL) | 1.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Chemicals) | 0.8% |
| Analyst forecast in 3 Years (IGPL) | 1.9% |
Notable Dividend: IGPL's dividend (1.9%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: IGPL's dividend (1.9%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), IGPL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IGPL is paying a dividend but the company has no free cash flows.