GVP Infotech Dividend
Dividend criteria checks 2/6
GVP Infotech is a dividend paying company with a current yield of 0.82% that is well covered by earnings.
Key information
0.8%
Dividend yield
59%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.100 |
| Earnings per share | ₹0.17 |
| Future Dividend Yield | n/a |
Recent dividend updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether GVPTECH's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GVPTECH's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| GVP Infotech Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GVPTECH) | 0.8% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (IT) | 2.1% |
| Analyst forecast (GVPTECH) (up to 3 years) | n/a |
Notable Dividend: GVPTECH's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: GVPTECH's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (1.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.8%), GVPTECH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GVPTECH is paying a dividend but the company has no free cash flows.