Gujarat Gas Dividend
Dividend criteria checks 4/6
Gujarat Gas is a dividend paying company with a current yield of 1.22% that is well covered by earnings.
Key information
1.2%
Dividend yield
30%
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 | ₹16.03 |
| Dividend yield forecast in 3Y | 1.3% |
Recent dividend updates
Recent updates
Returns Are Gaining Momentum At Gujarat Gas (NSE:GUJGASLTD)
Apr 09
Gujarat Gas Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 18Gujarat Gas Limited's (NSE:GUJGASLTD) Shares Climb 26% But Its Business Is Yet to Catch Up
Jan 20Calculating The Intrinsic Value Of Gujarat Gas Limited (NSE:GUJGASLTD)
Dec 30Investors Should Be Encouraged By Gujarat Gas' (NSE:GUJGASLTD) Returns On Capital
Oct 27Is Gujarat Gas (NSE:GUJGASLTD) Using Too Much Debt?
Aug 16Here's Why Gujarat Gas (NSE:GUJGASLTD) Has Caught The Eye Of Investors
Jul 29Investors Should Be Encouraged By Gujarat Gas' (NSE:GUJGASLTD) Returns On Capital
Jul 08Does Gujarat Gas (NSE:GUJGASLTD) Deserve A Spot On Your Watchlist?
Apr 28Are Gujarat Gas Limited (NSE:GUJGASLTD) Investors Paying Above The Intrinsic Value?
Apr 06Investors Should Be Encouraged By Gujarat Gas' (NSE:GUJGASLTD) Returns On Capital
Mar 15Does Gujarat Gas (NSE:GUJGASLTD) Have A Healthy Balance Sheet?
Dec 26Investors Should Be Encouraged By Gujarat Gas' (NSE:GUJGASLTD) Returns On Capital
Dec 05These 4 Measures Indicate That Gujarat Gas (NSE:GUJGASLTD) Is Using Debt Reasonably Well
Sep 12Gujarat Gas Limited (NSE:GUJGASLTD) Shares Could Be 38% Below Their Intrinsic Value Estimate
Aug 30Some Analysts Just Cut Their Gujarat Gas Limited (NSE:GUJGASLTD) Estimates
Aug 06Gujarat Gas (NSE:GUJGASLTD) Could Become A Multi-Bagger
Jun 23We Think Gujarat Gas (NSE:GUJGASLTD) Can Stay On Top Of Its Debt
Jun 10Calculating The Fair Value Of Gujarat Gas Limited (NSE:GUJGASLTD)
Apr 29Gujarat Gas (NSE:GUJGASLTD) Seems To Use Debt Quite Sensibly
Feb 26Calculating The Intrinsic Value Of Gujarat Gas Limited (NSE:GUJGASLTD)
Jan 16We Like Gujarat Gas' (NSE:GUJGASLTD) Returns And Here's How They're Trending
Dec 01These 4 Measures Indicate That Gujarat Gas (NSE:GUJGASLTD) Is Using Debt Safely
Nov 16Gujarat Gas' (NSE:GUJGASLTD) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 28Gujarat Gas (NSE:GUJGASLTD) Is Investing Its Capital With Increasing Efficiency
Aug 23If You Like EPS Growth Then Check Out Gujarat Gas (NSE:GUJGASLTD) Before It's Too Late
Jul 24Gujarat Gas (NSE:GUJGASLTD) Has A Rock Solid Balance Sheet
Jun 10Under The Bonnet, Gujarat Gas' (NSE:GUJGASLTD) Returns Look Impressive
May 23How Does Gujarat Gas Limited (NSE:GUJGASLTD) Fare As A Dividend Stock?
May 03Should You Be Adding Gujarat Gas (NSE:GUJGASLTD) To Your Watchlist Today?
Mar 17Does Gujarat Gas (NSE:GUJGASLTD) Have A Healthy Balance Sheet?
Mar 02Announcing: Gujarat Gas (NSE:GUJGASLTD) Stock Soared An Exciting 309% In The Last Five Years
Feb 15
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GUJGASLTD has been paying a dividend for less than 10 years.
Growing Dividend: GUJGASLTD's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Gujarat Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GUJGASLTD) | 1.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Gas Utilities) | 1.7% |
| Analyst forecast in 3 Years (GUJGASLTD) | 1.3% |
Notable Dividend: GUJGASLTD's dividend (1.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: GUJGASLTD's dividend (1.22%) is in the top 25% of dividend payers in the Indian market (1.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30%), GUJGASLTD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (69.8%), GUJGASLTD's dividend payments are covered by cash flows.