Eldeco Housing and Industries Dividend
Dividend criteria checks 3/6
Eldeco Housing and Industries is a dividend paying company with a current yield of 0.83% that is well covered by earnings. Next payment date is on 19th October, 2024 with an ex-dividend date of 12th September, 2024.
Key information
0.8%
Dividend yield
23%
Payout ratio
| Industry average yield | 0.4% |
| Next dividend pay date | 19 Oct 24 |
| Ex dividend date | 12 Sep 24 |
| Dividend per share | ₹8.000 |
| Earnings per share | ₹34.81 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Eldeco Housing and Industries (NSE:ELDEHSG) Will Pay A Dividend Of ₹8.00
Aug 30
Eldeco Housing and Industries (NSE:ELDEHSG) Will Pay A Dividend Of ₹8.00
Sep 02Recent updates
Eldeco Housing and Industries (NSE:ELDEHSG) Will Pay A Dividend Of ₹8.00
Aug 30Weak Statutory Earnings May Not Tell The Whole Story For Eldeco Housing and Industries (NSE:ELDEHSG)
May 24Eldeco Housing and Industries Limited's (NSE:ELDEHSG) Shares Bounce 27% But Its Business Still Trails The Market
Apr 11Eldeco Housing and Industries (NSE:ELDEHSG) Will Pay A Dividend Of ₹8.00
Sep 02Eldeco Housing and Industries Limited (NSE:ELDEHSG) Looks Inexpensive But Perhaps Not Attractive Enough
Aug 24Eldeco Housing and Industries' (NSE:ELDEHSG) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ELDEHSG's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELDEHSG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Eldeco Housing and Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ELDEHSG) | 0.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.0% |
| Industry Average (Real Estate) | 0.4% |
| Analyst forecast in 3 Years (ELDEHSG) | n/a |
Notable Dividend: ELDEHSG's dividend (0.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: ELDEHSG's dividend (0.83%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.2%), ELDEHSG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ELDEHSG is paying a dividend but the company has no free cash flows.