Granules India Dividend
Dividend criteria checks 5/6
Granules India is a dividend paying company with a current yield of 0.29% that is well covered by earnings. Next payment date is on 5th September, 2024 with an ex-dividend date of 30th July, 2024.
Key information
0.3%
Dividend yield
9%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 05 Sep 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹16.72 |
| Dividend yield forecast in 3Y | 0.3% |
Recent dividend updates
Granules India's (NSE:GRANULES) Dividend Will Be ₹1.50
Jul 17
Granules India's (NSE:GRANULES) Dividend Will Be ₹1.50
Jun 19Recent updates
Granules India's (NSE:GRANULES) Dividend Will Be ₹1.50
Jul 17Granules India's (NSE:GRANULES) Dividend Will Be ₹1.50
Jun 19Investors Holding Back On Granules India Limited (NSE:GRANULES)
Apr 08Granules India Limited Just Missed Revenue By 6.4%: Here's What Analysts Think Will Happen Next
Jan 26Many Still Looking Away From Granules India Limited (NSE:GRANULES)
Dec 28Granules India (NSE:GRANULES) Has A Pretty Healthy Balance Sheet
Nov 13A Look At The Fair Value Of Granules India Limited (NSE:GRANULES)
Oct 24Does Granules India (NSE:GRANULES) Have A Healthy Balance Sheet?
May 19Should You Be Adding Granules India (NSE:GRANULES) To Your Watchlist Today?
Mar 29Granules India (NSE:GRANULES) Has A Pretty Healthy Balance Sheet
Jan 19Does Granules India (NSE:GRANULES) Have A Healthy Balance Sheet?
Oct 01Estimating The Intrinsic Value Of Granules India Limited (NSE:GRANULES)
Aug 18Granules India (NSE:GRANULES) Is Due To Pay A Dividend Of ₹0.75
Jul 14Is Granules India (NSE:GRANULES) A Risky Investment?
Jun 28Granules India (NSE:GRANULES) Will Pay A Dividend Of ₹0.75
Jun 09Estimating The Fair Value Of Granules India Limited (NSE:GRANULES)
May 06Granules India (NSE:GRANULES) Is Due To Pay A Dividend Of ₹0.25
Feb 10Calculating The Intrinsic Value Of Granules India Limited (NSE:GRANULES)
Feb 02Here's Why We Think Granules India (NSE:GRANULES) Is Well Worth Watching
Jan 20These 4 Measures Indicate That Granules India (NSE:GRANULES) Is Using Debt Reasonably Well
Dec 21Here's Why I Think Granules India (NSE:GRANULES) Is An Interesting Stock
Aug 18Granules India (NSE:GRANULES) Will Pay A Dividend Of ₹0.25
Aug 03Is Granules India (NSE:GRANULES) Using Too Much Debt?
Jun 11Why Granules India Limited (NSE:GRANULES) Is A Dividend Rockstar
May 02Does This Valuation Of Granules India Limited (NSE:GRANULES) Imply Investors Are Overpaying?
Mar 26What Kind Of Investors Own Most Of Granules India Limited (NSE:GRANULES)?
Mar 14These 4 Measures Indicate That Granules India (NSE:GRANULES) Is Using Debt Reasonably Well
Mar 01Granules India Limited (NSE:GRANULES) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 16Why You Might Be Interested In Granules India Limited (NSE:GRANULES) For Its Upcoming Dividend
Feb 03Analysts Have Made A Financial Statement On Granules India Limited's (NSE:GRANULES) Third-Quarter Report
Jan 30Here's Why We Think Granules India (NSE:GRANULES) Is Well Worth Watching
Jan 20
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRANULES's dividends per share have been stable in the past 10 years.
Growing Dividend: GRANULES's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Granules India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRANULES) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast in 3 Years (GRANULES) | 0.3% |
Notable Dividend: GRANULES's dividend (0.29%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: GRANULES's dividend (0.29%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9%), GRANULES's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.8%), GRANULES's dividend payments are covered by cash flows.