Indraprastha Gas Dividend
Dividend criteria checks 5/6
Indraprastha Gas is a dividend paying company with a current yield of 3.09% that is well covered by earnings.
Key information
3.1%
Dividend yield
14%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹27.84 |
Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532514's dividends per share have been stable in the past 10 years.
Growing Dividend: 532514's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Indraprastha Gas Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (532514) | 3.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Gas Utilities) | 1.7% |
Analyst forecast in 3 Years (532514) | 2.0% |
Notable Dividend: 532514's dividend (3.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 532514's dividend (3.09%) is in the top 25% of dividend payers in the Indian market (1.19%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (14.4%), 532514's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (111.9%), 532514's dividend payments are not well covered by cash flows.