Adani Gas Dividend yield

Adani Gas is part of Support Services business, which is part of Industrials industry. Adani Gas is a company from India, and his stocks are publicly traded.

Adani Gas stock dividend

Adani Gas paid a total dividend of 275 million INR last year, for a market value of 699,380 millions (Market Cap 176,209 millions). Adani Gas dividend per share is 0.25 INR, and his stock market price 635.80 INR.

According to the chart below, where dividend yield is displayed, Adani Gas has a dividend yield of 0.04%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Adani Gas stocks dividend with other Support Services companies or other of the high India dividend stocks list.

Adani Gas Dividend Payout

About the ability of Adani Gas to maintain his current dividend of INR 0.25 per share, an amount that accounts for 0.04%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Adani Gas payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.

higher than the dividend per share paid by the company of INR 0.25, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Adani Gas, compared againt world market average, India companies, Industrials industry and Support Services sector companies.

Adani Gas Dividend History

Below you will find a table with the historical evolution of Adani Gas's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	INR	Paypout	Shares*
Present	0.04%	0.25	0.00%	1,100
2022	0.01%	0.37	0.00%	1,100

*In millions

Adani Gas Stock performance

Finally, last moth Adani Gas showed a return of -4.20% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -83.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Support Services firms.