Jindal Stainless Dividend
Dividend criteria checks 2/6
Jindal Stainless is a dividend paying company with a current yield of 0.28% that is well covered by earnings.
Key information
0.3%
Dividend yield
6%
Payout ratio
Industry average yield | 6.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹36.17 |
Dividend yield forecast in 3Y | 0.6% |
Recent dividend updates
Recent updates
Jindal Stainless Limited's (NSE:JSL) Intrinsic Value Is Potentially 22% Below Its Share Price
Mar 24Investors Should Be Encouraged By Jindal Stainless' (NSE:JSL) Returns On Capital
Mar 09Here's Why Jindal Stainless (NSE:JSL) Has Caught The Eye Of Investors
Feb 22Jindal Stainless Limited (NSE:JSL) Released Earnings Last Week And Analysts Lifted Their Price Target To ₹637
Jan 23Why Investors Shouldn't Be Surprised By Jindal Stainless Limited's (NSE:JSL) Low P/E
Dec 28Is Jindal Stainless (NSE:JSL) Using Too Much Debt?
Dec 10Calculating The Intrinsic Value Of Jindal Stainless Limited (NSE:JSL)
Nov 22Here's Why We Think Jindal Stainless (NSE:JSL) Might Deserve Your Attention Today
Nov 06These 4 Measures Indicate That Jindal Stainless (NSE:JSL) Is Using Debt Reasonably Well
Aug 23Returns On Capital At Jindal Stainless (NSE:JSL) Have Hit The Brakes
Jul 21An Intrinsic Calculation For Jindal Stainless Limited (NSE:JSL) Suggests It's 31% Undervalued
Jul 06We Think Jindal Stainless (NSE:JSL) Can Stay On Top Of Its Debt
May 20Under The Bonnet, Jindal Stainless' (NSE:JSL) Returns Look Impressive
Apr 17Are Jindal Stainless Limited (NSE:JSL) Investors Paying Above The Intrinsic Value?
Mar 30Here's Why Jindal Stainless (NSE:JSL) Has A Meaningful Debt Burden
Feb 04Under The Bonnet, Jindal Stainless' (NSE:JSL) Returns Look Impressive
Jan 04Here's Why We Think Jindal Stainless (NSE:JSL) Is Well Worth Watching
Dec 21Is Jindal Stainless Limited (NSE:JSL) Trading At A 47% Discount?
Dec 08Is Jindal Stainless (NSE:JSL) Using Too Much Debt?
Sep 28An Intrinsic Calculation For Jindal Stainless Limited (NSE:JSL) Suggests It's 36% Undervalued
Jun 15Here's Why We Think Jindal Stainless (NSE:JSL) Is Well Worth Watching
May 25We Like Jindal Stainless' (NSE:JSL) Returns And Here's How They're Trending
May 12Jindal Stainless (NSE:JSL) Has A Pretty Healthy Balance Sheet
Mar 03Jindal Stainless Limited's (NSE:JSL) Intrinsic Value Is Potentially 64% Above Its Share Price
Feb 11We Think Jindal Stainless (NSE:JSL) Might Have The DNA Of A Multi-Bagger
Dec 31Does Jindal Stainless (NSE:JSL) Have A Healthy Balance Sheet?
Oct 27Bullish: Analysts Just Made An Incredible Upgrade To Their Jindal Stainless Limited (NSE:JSL) Forecasts
Jul 29Jindal Stainless (NSE:JSL) Has A Pretty Healthy Balance Sheet
Jul 13Returns On Capital Are Showing Encouraging Signs At Jindal Stainless (NSE:JSL)
Jun 06Is Jindal Stainless Limited (NSE:JSL) Trading At A 33% Discount?
May 19Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether JSL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if JSL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Jindal Stainless Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (JSL) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.3% |
Industry Average (Metals and Mining) | 6.3% |
Analyst forecast in 3 Years (JSL) | 0.6% |
Notable Dividend: JSL's dividend (0.28%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: JSL's dividend (0.28%) is low compared to the top 25% of dividend payers in the Indian market (1.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (5.8%), JSL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (6%), JSL's dividend payments are thoroughly covered by cash flows.