India Grid Trust Dividend
Dividend criteria checks 2/6
India Grid Trust is a dividend paying company with a current yield of 10.38%.
Key information
10.4%
Dividend yield
273%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹4.84 |
| Dividend yield forecast in 3Y | 14.0% |
Recent dividend updates
Recent updates
India Grid Trust (NSE:INDIGRID) Is Increasing Its Dividend To ₹3.30
Jan 28
India Grid Trust's (NSE:INDIGRID) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29India Grid Trust (NSE:INDIGRID) Will Pay A Larger Dividend Than Last Year At ₹3.19
Oct 29Weak Statutory Earnings May Not Tell The Whole Story For India Grid Trust (NSE:INDIGRID)
Jun 03Is India Grid Trust (NSE:INDIGRID) A Good Fit For Your Dividend Portfolio?
May 05How Much Are India Grid Trust (NSE:INDIGRID) Insiders Spending On Buying Shares?
Mar 14Could The India Grid Trust (NSE:INDIGRID) Ownership Structure Tell Us Something Useful?
Feb 24Key Things To Consider Before Buying India Grid Trust (NSE:INDIGRID) For Its Dividend
Feb 04Does India Grid Trust (NSE:INDIGRID) Have A Healthy Balance Sheet?
Jan 17
How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?
Dec 27What Is The Ownership Structure Like For India Grid Trust (NSE:INDIGRID)?
Nov 26Update: India Grid Trust (NSE:INDIGRID) Stock Gained 15% In The Last Year
Oct 23How Good Is India Grid Trust (NSE:INDIGRID), When It Comes To ROE?
Sep 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, INDIGRID has been paying a dividend for less than 10 years.
Growing Dividend: INDIGRID's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| India Grid Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (INDIGRID) | 10.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Electric Utilities) | 2.5% |
| Analyst forecast in 3 Years (INDIGRID) | 14.0% |
Notable Dividend: INDIGRID's dividend (10.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: INDIGRID's dividend (10.38%) is in the top 25% of dividend payers in the Indian market (1.18%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (273.4%), INDIGRID's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate INDIGRID's cash payout ratio to determine if its dividend payments are covered by cash flows.