CG Power and Industr Dividend yield

 Price  429.35
 Dividend  1.50
 Earnings  6.44
 Cash-flow  6.32
 Book value  11.73
 Equity  9.15

CG Power and Industr is part of Industrial Engineering business, which is part of Industrials industry. CG Power and Industr is a company from India, and his stocks are publicly traded.

CG Power and Industr stock dividend

CG Power and Industr paid a total dividend of 2,291 million INR last year, for a market value of 655,617 millions (Market Cap 300,123 millions). CG Power and Industr dividend per share is 1.50 INR, and his stock market price 429.35 INR.

According to the chart below, where dividend yield is displayed, CG Power and Industr has a dividend yield of 0.35%, 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 CG Power and Industr stocks dividend with other Industrial Engineering companies or other of the best India dividend stocks list.

Dividend yield of CG Power and Industr

CG Power and Industr Dividend Payout

About the ability of CG Power and Industr to maintain his current dividend of INR 1.50 per share, an amount that accounts for 0.35%, we should study its payout ratio both on earnings and on cash-flows (see chart below). CG Power and Industr payout on ernings is currently 23.29%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that CG Power and Industrcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of CG Power and Industr is INR 6.32 per share, which is higher than the dividend per share paid by the company of INR 1.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of CG Power and Industr, compared againt world market average, India companies, Industrials industry and Industrial Engineering sector companies.

CG Power and Industr payout

CG Power and Industr Stock performance

Finally, last moth CG Power and Industr showed a return of 6.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 90.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Industrial Engineering firms.

CG Power and Industr stock and market return