Shipping Corporation of India Land and Assets Dividend
Dividend criteria checks 2/6
Shipping of India Land and Assets is a dividend paying company with a current yield of 0.8% that is well covered by earnings.
Key information
0.8%
Dividend yield
65%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹1.02 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 544142's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 544142's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Shipping Corporation of India Land and Assets Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (544142) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.1% |
Industry Average (Real Estate) | 0.4% |
Analyst forecast in 3 Years (544142) | n/a |
Notable Dividend: 544142's dividend (0.8%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 544142's dividend (0.8%) is low compared to the top 25% of dividend payers in the Indian market (1.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.7%), 544142's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 544142 is paying a dividend but the company has no free cash flows.