IRM Energy Dividend
Dividend criteria checks 2/6
IRM Energy is a dividend paying company with a current yield of 0.32% that is well covered by earnings.
Key information
0.3%
Dividend yield
6%
Payout ratio
| Industry average yield | 1.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹20.86 |
| Dividend yield forecast in 3Y | 0.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether IRMENERGY's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if IRMENERGY's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| IRM Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IRMENERGY) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Gas Utilities) | 1.5% |
| Analyst forecast in 3 Years (IRMENERGY) | 0.3% |
Notable Dividend: IRMENERGY's dividend (0.32%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: IRMENERGY's dividend (0.32%) is low compared to the top 25% of dividend payers in the Indian market (1.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.1%), IRMENERGY's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IRMENERGY is paying a dividend but the company has no free cash flows.