Gujarat State Petronet Dividend
Dividend criteria checks 6/6
Gujarat State Petronet is a dividend paying company with a current yield of 1.71% that is well covered by earnings.
Key information
1.7%
Dividend yield
17%
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 | ₹27.61 |
Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532702's dividends per share have been stable in the past 10 years.
Growing Dividend: 532702's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Gujarat State Petronet Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (532702) | 1.7% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Gas Utilities) | 1.7% |
Analyst forecast in 3 Years (532702) | 1.7% |
Notable Dividend: 532702's dividend (1.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532702's dividend (1.71%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.2%), 532702's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.4%), 532702's dividend payments are well covered by cash flows.