Grasim Industries Dividends and Buybacks
Dividend criteria checks 0/6
Grasim Industries is a dividend paying company with a current yield of 0.4%.
Key information
0.4%
Dividend yield
-1.2%
Buyback Yield
| Total Shareholder Yield | -0.8% |
| Future Dividend Yield | 0.3% |
| Dividend Growth | -2.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.120 |
| Payout ratio | 12% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRA92 is not paying a notable dividend for the Luxembourg market, therefore no need to check if payments are stable.
Growing Dividend: GRA92 is not paying a notable dividend for the Luxembourg market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Grasim Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRA92) | 0.4% |
| Market Bottom 25% (LU) | 0% |
| Market Top 25% (LU) | 0% |
| Industry Average (Basic Materials) | 0% |
| Analyst forecast (GRA92) (up to 3 years) | 0.3% |
Notable Dividend: GRA92's dividend (0.4%) isn’t notable compared to the bottom 25% of dividend payers in the Luxembourg market (2.91%).
High Dividend: GRA92's dividend (0.4%) is low compared to the top 25% of dividend payers in the Luxembourg market (14.77%).
Earnings Payout to Shareholders
Earnings Coverage: GRA92 is not paying a notable dividend for the Luxembourg market.
Cash Payout to Shareholders
Cash Flow Coverage: GRA92 is paying a dividend but the company has no free cash flows.