Jindal Steel & Power Dividends and Buybacks
Dividend criteria checks 2/6
Jindal Steel & Power is a dividend paying company with a current yield of 0.23% that is well covered by earnings.
Key information
0.2%
Dividend yield
-1.1%
Buyback Yield
| Total Shareholder Yield | -0.8% |
| Future Dividend Yield | 0.5% |
| Dividend Growth | -0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹2.000 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Jindal Steel & Power (NSE:JINDALSTEL) Will Pay A Dividend Of ₹2.00
Aug 11
Jindal Steel & Power Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jul 27Improved Earnings Required Before Jindal Steel & Power Limited (NSE:JINDALSTEL) Shares Find Their Feet
Jul 17Are Investors Undervaluing Jindal Steel & Power Limited (NSE:JINDALSTEL) By 41%?
Jun 11Here's Why Jindal Steel & Power (NSE:JINDALSTEL) Can Manage Its Debt Responsibly
May 22A Look At The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)
Mar 12We Think Jindal Steel & Power (NSE:JINDALSTEL) Can Stay On Top Of Its Debt
Dec 28We Think Jindal Steel & Power (NSE:JINDALSTEL) Is Taking Some Risk With Its Debt
Sep 25Calculating The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)
Aug 13Jindal Steel & Power (NSE:JINDALSTEL) Has A Pretty Healthy Balance Sheet
Jun 08Is Jindal Steel & Power (NSE:JINDALSTEL) Using Too Much Debt?
Feb 19Auditors Have Doubts About Jindal Steel & Power (NSE:JINDALSTEL)
Sep 13A Look At The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)
Aug 10Here's Why We Think Jindal Steel & Power (NSE:JINDALSTEL) Is Well Worth Watching
Jun 24Jindal Steel & Power (NSE:JINDALSTEL) Seems To Use Debt Quite Sensibly
Jun 06Should You Be Adding Jindal Steel & Power (NSE:JINDALSTEL) To Your Watchlist Today?
Mar 22Is There An Opportunity With Jindal Steel & Power Limited's (NSE:JINDALSTEL) 34% Undervaluation?
Mar 05Jindal Steel & Power (NSE:JINDALSTEL) Seems To Use Debt Quite Sensibly
Dec 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JINDALSTEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: JINDALSTEL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Jindal Steel & Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JINDALSTEL) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Metals and Mining) | 2.7% |
| Analyst forecast (JINDALSTEL) (up to 3 years) | 0.5% |
Notable Dividend: JINDALSTEL's dividend (0.23%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: JINDALSTEL's dividend (0.23%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (3.4%), JINDALSTEL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: JINDALSTEL is paying a dividend but the company has no free cash flows.