Jindal Steel & Power Dividend
Dividend criteria checks 3/6
Jindal Steel & Power is a dividend paying company with a current yield of 0.21% that is well covered by earnings.
Key information
0.2%
Dividend yield
6%
Payout ratio
| Industry average yield | 5.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹54.53 |
| Dividend yield forecast in 3Y | 0.4% |
Recent dividend updates
Recent updates
A Look At The Intrinsic Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)
Mar 12
We 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 22Calculating The Fair Value Of Jindal Steel & Power Limited (NSE:JINDALSTEL)
Jul 23The Strong Earnings Posted By Jindal Steel & Power (NSE:JINDALSTEL) Are A Good Indication Of The Strength Of The Business
May 19Is There An Opportunity With Jindal Steel & Power Limited's (NSE:JINDALSTEL) 32% Undervaluation?
Mar 28How Many Jindal Steel & Power Limited (NSE:JINDALSTEL) Shares Do Institutions Own?
Mar 06Stability 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) | 1.2% |
| Industry Average (Metals and Mining) | 5.1% |
| Analyst forecast in 3 Years (JINDALSTEL) | 0.4% |
Notable Dividend: JINDALSTEL's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: JINDALSTEL's dividend (0.21%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.5%), JINDALSTEL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.4%), JINDALSTEL's dividend payments are thoroughly covered by cash flows.