Patel Integrated Logistics Dividend
Dividend criteria checks 2/6
Patel Integrated Logistics is a dividend paying company with a current yield of 0.68% that is well covered by earnings.
Key information
0.7%
Dividend yield
13%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹0.74 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PATINTPP's dividend payments have been volatile in the past 10 years.
Growing Dividend: PATINTPP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Patel Integrated Logistics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PATINTPP) | 0.7% |
Market Bottom 25% (IN) | 0.2% |
Market Top 25% (IN) | 1.0% |
Industry Average (Logistics) | 0.8% |
Analyst forecast (PATINTPP) (up to 3 years) | n/a |
Notable Dividend: PATINTPP's dividend (0.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: PATINTPP's dividend (0.68%) is low compared to the top 25% of dividend payers in the Indian market (1.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), PATINTPP's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PATINTPP is paying a dividend but the company has no free cash flows.