Supreme Petrochem Limited

NSEI:SPLPETRO Stock Report

Market Cap: ₹128.4b

Supreme Petrochem Dividend

Dividend criteria checks 5/6

Supreme Petrochem is a dividend paying company with a current yield of 1.32% that is well covered by earnings. Next payment date is on 3rd August, 2024 with an ex-dividend date of 27th June, 2024.

Key information

1.3%

Dividend yield

49%

Payout ratio

Industry average yield0.8%
Next dividend pay date03 Aug 24
Ex dividend date27 Jun 24
Dividend per sharen/a
Earnings per share₹18.43
Dividend yield forecast in 3Y1.5%

Recent dividend updates

Supreme Petrochem's (NSE:SPLPETRO) Dividend Will Be ₹7.00

Apr 27
Supreme Petrochem's (NSE:SPLPETRO) Dividend Will Be ₹7.00

Supreme Petrochem (NSE:SPLPETRO) Has Announced A Dividend Of ₹2.00

Oct 31
Supreme Petrochem (NSE:SPLPETRO) Has Announced A Dividend Of ₹2.00

Recent updates

Supreme Petrochem's (NSE:SPLPETRO) Dividend Will Be ₹7.00

Apr 27
Supreme Petrochem's (NSE:SPLPETRO) Dividend Will Be ₹7.00

Supreme Petrochem (NSE:SPLPETRO) Has Announced A Dividend Of ₹2.00

Oct 31
Supreme Petrochem (NSE:SPLPETRO) Has Announced A Dividend Of ₹2.00

A Look Into Supreme Petrochem's (NSE:SPLPETRO) Impressive Returns On Capital

Sep 27
A Look Into Supreme Petrochem's (NSE:SPLPETRO) Impressive Returns On Capital

Supreme Petrochem (NSE:SPLPETRO) Seems To Use Debt Quite Sensibly

Feb 02
Supreme Petrochem (NSE:SPLPETRO) Seems To Use Debt Quite Sensibly

Here's Why Supreme Petrochem (NSE:SPLPETRO) Has Caught The Eye Of Investors

Aug 03
Here's Why Supreme Petrochem (NSE:SPLPETRO) Has Caught The Eye Of Investors

These 4 Measures Indicate That Supreme Petrochem (NSE:SUPPETRO) Is Using Debt Safely

Mar 14
These 4 Measures Indicate That Supreme Petrochem (NSE:SUPPETRO) Is Using Debt Safely

Supreme Petrochem (NSE:SUPPETRO) Has Announced That It Will Be Increasing Its Dividend To ₹4.00

Oct 22
Supreme Petrochem (NSE:SUPPETRO) Has Announced That It Will Be Increasing Its Dividend To ₹4.00

With EPS Growth And More, Supreme Petrochem (NSE:SUPPETRO) Is Interesting

Oct 04
With EPS Growth And More, Supreme Petrochem (NSE:SUPPETRO) Is Interesting

Here's Why I Think Supreme Petrochem (NSE:SUPPETRO) Is An Interesting Stock

Jun 03
Here's Why I Think Supreme Petrochem (NSE:SUPPETRO) Is An Interesting Stock

Is Supreme Petrochem Limited (NSE:SUPPETRO) A Good Fit For Your Dividend Portfolio?

Mar 16
Is Supreme Petrochem Limited (NSE:SUPPETRO) A Good Fit For Your Dividend Portfolio?

A Look At The Fair Value Of Supreme Petrochem Limited (NSE:SUPPETRO)

Mar 02
A Look At The Fair Value Of Supreme Petrochem Limited (NSE:SUPPETRO)

Is Supreme Petrochem (NSE:SUPPETRO) The Next Multi-Bagger?

Feb 16
Is Supreme Petrochem (NSE:SUPPETRO) The Next Multi-Bagger?

Shareholders Of Supreme Petrochem (NSE:SUPPETRO) Must Be Happy With Their 261% Total Return

Feb 01
Shareholders Of Supreme Petrochem (NSE:SUPPETRO) Must Be Happy With Their 261% Total Return

We Think Supreme Petrochem's (NSE:SUPPETRO) Statutory Profit Might Understate Its Earnings Potential

Jan 14
We Think Supreme Petrochem's (NSE:SUPPETRO) Statutory Profit Might Understate Its Earnings Potential

Is Supreme Petrochem Limited's (NSE:SUPPETRO) Shareholder Ownership Skewed Towards Insiders?

Dec 30
Is Supreme Petrochem Limited's (NSE:SUPPETRO) Shareholder Ownership Skewed Towards Insiders?

Has Supreme Petrochem Limited's (NSE:SUPPETRO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Dec 15
Has Supreme Petrochem Limited's (NSE:SUPPETRO) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Does Supreme Petrochem Limited (NSE:SUPPETRO) Have A Place In Your Dividend Portfolio?

Nov 30
Does Supreme Petrochem Limited (NSE:SUPPETRO) Have A Place In Your Dividend Portfolio?

What Do The Returns At Supreme Petrochem (NSE:SUPPETRO) Mean Going Forward?

Nov 16
What Do The Returns At Supreme Petrochem (NSE:SUPPETRO) Mean Going Forward?

Supreme Petrochem Limited (NSE:SUPPETRO) Stock Goes Ex-Dividend In Just Three Days

Oct 31
Supreme Petrochem Limited (NSE:SUPPETRO) Stock Goes Ex-Dividend In Just Three Days

Did You Participate In Any Of Supreme Petrochem's (NSE:SUPPETRO) Fantastic 176% Return ?

Oct 23
Did You Participate In Any Of Supreme Petrochem's (NSE:SUPPETRO) Fantastic 176% Return ?

Upcoming Dividend Payment

TodayMay 01 2024Ex Dividend DateJun 27 2024Dividend Pay DateAug 03 202437 days from Ex DividendBuy in the next 56 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SPLPETRO's dividend payments have been volatile in the past 10 years.

Growing Dividend: SPLPETRO's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Supreme Petrochem Dividend Yield vs Market
How does SPLPETRO dividend yield compare to the market?
SegmentDividend Yield
Company (SPLPETRO)1.3%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Chemicals)0.8%
Analyst forecast in 3 Years (SPLPETRO)1.5%

Notable Dividend: SPLPETRO's dividend (1.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).

High Dividend: SPLPETRO's dividend (1.32%) is in the top 25% of dividend payers in the Indian market (1.18%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (48.8%), SPLPETRO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.4%), SPLPETRO's dividend payments are covered by cash flows.


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