Paradeep Phosphates Dividend
Dividend criteria checks 3/6
Paradeep Phosphates is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
13%
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 | ₹1.08 |
Dividend yield forecast in 3Y | 1.7% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PARADEEP's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PARADEEP's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Paradeep Phosphates Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PARADEEP) | 0.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Chemicals) | 0.8% |
Analyst forecast in 3 Years (PARADEEP) | 1.7% |
Notable Dividend: PARADEEP's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: PARADEEP's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), PARADEEP's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (3.6%), PARADEEP's dividend payments are thoroughly covered by cash flows.