Gujarat State Petronet Dividends and Buybacks
Dividend criteria checks 6/6
Gujarat State Petronet is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.4% |
| Dividend Growth | 3.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹5.000 |
| Payout ratio | 17% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (532702) | 1.5% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Gas Utilities) | 1.9% |
| Analyst forecast (532702) (up to 3 years) | 1.4% |
Notable Dividend: 532702's dividend (1.54%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 532702's dividend (1.54%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17%), 532702's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.7%), 532702's dividend payments are thoroughly covered by cash flows.