PTC India Dividend
Dividend criteria checks 5/6
PTC India is a dividend paying company with a current yield of 3.56% that is well covered by earnings. Next payment date is on 26th October, 2024 with an ex-dividend date of 19th September, 2024.
Key information
3.6%
Dividend yield
54%
Payout ratio
| Industry average yield | 0% |
| Next dividend pay date | 26 Oct 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | ₹7.800 |
| Earnings per share | ₹15.22 |
| Dividend yield forecast | 3.6% |
Recent dividend updates
No updates
Recent updates
No updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTC's dividend payments have been volatile in the past 10 years.
Growing Dividend: PTC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| PTC India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PTC) | 3.6% |
| Market Bottom 25% (IN) | 0% |
| Market Top 25% (IN) | 0% |
| Industry Average (Renewable Energy) | 0% |
| Analyst forecast (PTC) (up to 3 years) | 3.6% |
Notable Dividend: PTC's dividend (3.56%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: PTC's dividend (3.56%) is in the top 25% of dividend payers in the Indian market (1.03%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54%), PTC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.4%), PTC's dividend payments are thoroughly covered by cash flows.