Gujarat Gas Dividends and Buybacks
Dividend criteria checks 4/6
Gujarat Gas is a dividend paying company with a current yield of 1.21% that is well covered by earnings.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 15.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹5.660 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 539336 has been paying a dividend for less than 10 years.
Growing Dividend: 539336's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Gujarat Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (539336) | 1.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Gas Utilities) | 1.9% |
| Analyst forecast (539336) (up to 3 years) | 1.7% |
Notable Dividend: 539336's dividend (1.21%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 539336's dividend (1.21%) 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 (34.1%), 539336's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.7%), 539336's dividend payments are well covered by cash flows.