India Power Dividend
What is India Power current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.41%
Current Dividend Yield
Dividend Yield vs Market
| India Power Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DPSCLTD) | 0.4% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (Electric Utilities) | 4.4% |
| Analyst forecast in 3 Years (DPSCLTD) | n/a |
Notable Dividend: DPSCLTD's dividend (0.41%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: DPSCLTD's dividend (0.41%) is low compared to the top 25% of dividend payers in the Indian market (1.61%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/30/2023 | 0.05 | 0.41 |
| 8/30/2022 | 0.05 | 0.37 |
| 6/11/2021 | 0.05 | 0.33 |
| 9/8/2020 | 0.05 | 0.39 |
| 7/3/2020 | 0.05 | 0.48 |
| 7/17/2019 | 0.05 | 0.58 |
| 5/23/2019 | 0.05 | 0.47 |
| 5/29/2018 | 0.05 | 0.35 |
| 7/12/2017 | 0.05 | 0.16 |
| 8/5/2016 | 0.05 | 0.13 |
| 8/10/2015 | 0.05 | 0.33 |
| 9/15/2014 | 0.05 | 0.31 |
| 8/16/2013 | 0.05 | 0.32 |
| 5/25/2012 | 0.05 | 0.29 |
Stable Dividend: DPSCLTD's dividends per share have been stable in the past 10 years.
Growing Dividend: DPSCLTD's dividend payments have not increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32%), DPSCLTD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DPSCLTD is paying a dividend but the company has no free cash flows.