TPL Plastech Dividend
Dividend criteria checks 4/6
TPL Plastech is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
28%
Payout ratio
Industry average yield | 0.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹2.26 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Investors Appear Satisfied With TPL Plastech Limited's (NSE:TPLPLASTEH) Prospects As Shares Rocket 32%
May 02Investors Met With Slowing Returns on Capital At TPL Plastech (NSE:TPLPLASTEH)
Apr 23Slammed 26% TPL Plastech Limited (NSE:TPLPLASTEH) Screens Well Here But There Might Be A Catch
Mar 18We Think TPL Plastech (NSE:TPLPLASTEH) Can Stay On Top Of Its Debt
Feb 16TPL Plastech Limited's (NSE:TPLPLASTEH) Shares Leap 26% Yet They're Still Not Telling The Full Story
Jan 20Here's What To Make Of TPL Plastech's (NSE:TPLPLASTEH) Decelerating Rates Of Return
Jan 13TPL Plastech Limited (NSE:TPLPLASTEH) Held Back By Insufficient Growth Even After Shares Climb 25%
Jan 22Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TPLPLASTEH's dividends per share have been stable in the past 10 years.
Growing Dividend: TPLPLASTEH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
TPL Plastech Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TPLPLASTEH) | 0.6% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Packaging) | 0.9% |
Analyst forecast in 3 Years (TPLPLASTEH) | n/a |
Notable Dividend: TPLPLASTEH's dividend (0.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: TPLPLASTEH's dividend (0.62%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28%), TPLPLASTEH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (445.3%), TPLPLASTEH's dividend payments are not well covered by cash flows.