Indraprastha Gas Dividends and Buybacks
Dividend criteria checks 4/6
Indraprastha Gas is a dividend paying company with a current yield of 2.59% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 12th November, 2024.
Key information
2.6%
Dividend yield
-0.002%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 13.8% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | ₹10.500 |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532514's dividend payments have been volatile 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) | 2.6% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Gas Utilities) | 1.8% |
| Analyst forecast (532514) (up to 3 years) | 2.5% |
Notable Dividend: 532514's dividend (2.59%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 532514's dividend (2.59%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.8%), 532514's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (138.7%), 532514's dividend payments are not well covered by cash flows.