IOL Chemicals and Pharmaceuticals Dividend
Dividend criteria checks 3/6
IOL Chemicals and Pharmaceuticals is a dividend paying company with a current yield of 1.24% that is well covered by earnings.
Key information
1.2%
Dividend yield
22%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₹5.000 |
Earnings per share | ₹20.19 |
Future Dividend Yield | 0.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 524164 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 524164's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
IOL Chemicals and Pharmaceuticals Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (524164) | 1.2% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.1% |
Industry Average (Pharmaceuticals) | 0.7% |
Analyst forecast (524164) (up to 3 years) | 0.9% |
Notable Dividend: 524164's dividend (1.24%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 524164's dividend (1.24%) is in the top 25% of dividend payers in the Indian market (1.08%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.8%), 524164's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (184.5%), 524164's dividend payments are not well covered by cash flows.