Southern Petrochemical Industries Corporation Limited

NSEI:SPIC Stock Report

Market Cap: ₹14.7b

Southern Petrochemical Industries Dividends and Buybacks

Dividend criteria checks 3/6

Southern Petrochemical Industries is a dividend paying company with a current yield of 2.08% that is well covered by earnings.

Key information

2.1%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹1.500
Payout ratio27%

Recent dividend and buyback updates

Southern Petrochemical Industries (NSE:SPIC) Will Pay A Larger Dividend Than Last Year At ₹1.50

Sep 01
Southern Petrochemical Industries (NSE:SPIC) Will Pay A Larger Dividend Than Last Year At ₹1.50

Southern Petrochemical Industries (NSE:SPIC) Is Paying Out A Larger Dividend Than Last Year

Aug 17
Southern Petrochemical Industries (NSE:SPIC) Is Paying Out A Larger Dividend Than Last Year

Recent updates

The Return Trends At Southern Petrochemical Industries (NSE:SPIC) Look Promising

Jun 21
The Return Trends At Southern Petrochemical Industries (NSE:SPIC) Look Promising

Market Cool On Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Earnings Pushing Shares 29% Lower

Mar 21
Market Cool On Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Earnings Pushing Shares 29% Lower

Southern Petrochemical Industries (NSE:SPIC) Is Very Good At Capital Allocation

Oct 24
Southern Petrochemical Industries (NSE:SPIC) Is Very Good At Capital Allocation

Southern Petrochemical Industries (NSE:SPIC) Will Pay A Larger Dividend Than Last Year At ₹1.50

Sep 01
Southern Petrochemical Industries (NSE:SPIC) Will Pay A Larger Dividend Than Last Year At ₹1.50

Southern Petrochemical Industries (NSE:SPIC) Is Paying Out A Larger Dividend Than Last Year

Aug 17
Southern Petrochemical Industries (NSE:SPIC) Is Paying Out A Larger Dividend Than Last Year

Does Southern Petrochemical Industries (NSE:SPIC) Have A Healthy Balance Sheet?

Jan 28
Does Southern Petrochemical Industries (NSE:SPIC) Have A Healthy Balance Sheet?

Returns On Capital Are A Standout For Southern Petrochemical Industries (NSE:SPIC)

Dec 17
Returns On Capital Are A Standout For Southern Petrochemical Industries (NSE:SPIC)

We Ran A Stock Scan For Earnings Growth And Southern Petrochemical Industries (NSE:SPIC) Passed With Ease

Nov 04
We Ran A Stock Scan For Earnings Growth And Southern Petrochemical Industries (NSE:SPIC) Passed With Ease

Southern Petrochemical Industries (NSE:SPIC) Is Experiencing Growth In Returns On Capital

Jun 14
Southern Petrochemical Industries (NSE:SPIC) Is Experiencing Growth In Returns On Capital

Here's Why I Think Southern Petrochemical Industries (NSE:SPIC) Is An Interesting Stock

May 26
Here's Why I Think Southern Petrochemical Industries (NSE:SPIC) Is An Interesting Stock

Should You Be Adding Southern Petrochemical Industries (NSE:SPIC) To Your Watchlist Today?

Feb 18
Should You Be Adding Southern Petrochemical Industries (NSE:SPIC) To Your Watchlist Today?

Here's Why Southern Petrochemical Industries (NSE:SPIC) Can Manage Its Debt Responsibly

Dec 30
Here's Why Southern Petrochemical Industries (NSE:SPIC) Can Manage Its Debt Responsibly

Here's Why We Think Southern Petrochemical Industries (NSE:SPIC) Is Well Worth Watching

Aug 11
Here's Why We Think Southern Petrochemical Industries (NSE:SPIC) Is Well Worth Watching

Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?

Jul 15
Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?

Southern Petrochemical Industries (NSE:SPIC) Will Will Want To Turn Around Its Return Trends

May 12
Southern Petrochemical Industries (NSE:SPIC) Will Will Want To Turn Around Its Return Trends

Calculating The Intrinsic Value Of Southern Petrochemical Industries Corporation Limited (NSE:SPIC)

Apr 06
Calculating The Intrinsic Value Of Southern Petrochemical Industries Corporation Limited (NSE:SPIC)

Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

Mar 16
Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?

A Quick Analysis On Southern Petrochemical Industries' (NSE:SPIC) CEO Compensation

Feb 25
A Quick Analysis On Southern Petrochemical Industries' (NSE:SPIC) CEO Compensation

Should You Be Impressed By Southern Petrochemical Industries' (NSE:SPIC) Returns on Capital?

Feb 08
Should You Be Impressed By Southern Petrochemical Industries' (NSE:SPIC) Returns on Capital?

These 4 Measures Indicate That Southern Petrochemical Industries (NSE:SPIC) Is Using Debt Extensively

Jan 11
These 4 Measures Indicate That Southern Petrochemical Industries (NSE:SPIC) Is Using Debt Extensively

If You Had Bought Southern Petrochemical Industries' (NSE:SPIC) Shares Three Years Ago You Would Be Down 41%

Dec 14
If You Had Bought Southern Petrochemical Industries' (NSE:SPIC) Shares Three Years Ago You Would Be Down 41%

Declining Stock and Decent Financials: Is The Market Wrong About Southern Petrochemical Industries Corporation Limited (NSE:SPIC)?

Nov 16
Declining Stock and Decent Financials: Is The Market Wrong About Southern Petrochemical Industries Corporation Limited (NSE:SPIC)?

Update: Southern Petrochemical Industries (NSE:SPIC) Stock Gained 37% In The Last Five Years

Sep 01
Update: Southern Petrochemical Industries (NSE:SPIC) Stock Gained 37% In The Last Five Years

Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?

Aug 04
Is Southern Petrochemical Industries (NSE:SPIC) Using Too Much Debt?

Investors Continue Waiting On Sidelines For Southern Petrochemical Industries Corporation Limited (NSE:SPIC)

Jul 07
Investors Continue Waiting On Sidelines For Southern Petrochemical Industries Corporation Limited (NSE:SPIC)

Are Robust Financials Driving The Recent Rally In Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Stock?

Jul 03
Are Robust Financials Driving The Recent Rally In Southern Petrochemical Industries Corporation Limited's (NSE:SPIC) Stock?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, SPIC has been paying a dividend for less than 10 years.

Growing Dividend: SPIC's dividend payments have increased, but the company has only paid a dividend for 2 years.


Dividend Yield vs Market

Southern Petrochemical Industries Dividend Yield vs Market
How does SPIC dividend yield compare to the market?
SegmentDividend Yield
Company (SPIC)2.1%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Chemicals)0.7%
Analyst forecast (SPIC) (up to 3 years)n/a

Notable Dividend: SPIC's dividend (2.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.23%).

High Dividend: SPIC's dividend (2.08%) is in the top 25% of dividend payers in the Indian market (1.09%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27%), SPIC's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: SPIC is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 22:29
End of Day Share Price 2025/01/06 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Southern Petrochemical Industries Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution