Coromandel International Limited Stock Dividends
COROMANDEL.NS used to pay dividends biannually. Last paid amount was ₹6.00 at Jul 14, 2023. As of today, dividend yield (TTM) is 1.28%.
Dividend Yield Range
AI Analysis of COROMANDEL.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.28% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹6.00 |
| Next Ex-Dividend Date | Jul 26, 2024 |
| Next Payment Date | Sep 06, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from COROMANDEL the purchase should be done within the next 67 days.
Here's a simple guide on how to buy COROMANDEL stock.
COROMANDEL Dividend Payout History
To ensure a understanding of COROMANDEL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 26, 2024 | Jul 26, 2024 | Sep 06, 2024 | ₹6.00 | 0.476% |
| 2 | Jul 14, 2023 | Jul 14, 2023 | Jul 14, 2023 | ₹6.00 | 0.636% |
| 3 | Jul 13, 2023 | Jul 13, 2023 | Jul 13, 2023 | ₹6.00 | 0.642% |
| 4 | Feb 17, 2023 | Feb 17, 2023 | Feb 17, 2023 | ₹6.00 | 0.662% |
| 5 | Jul 14, 2022 | Jul 14, 2022 | Jul 14, 2022 | ₹6.00 | 0.619% |
| 6 | Feb 14, 2022 | Feb 14, 2022 | Feb 14, 2022 | ₹6.00 | 0.788% |
| 7 | Jul 15, 2021 | Jul 15, 2021 | Jul 15, 2021 | ₹6.00 | 0.684% |
| 8 | Feb 10, 2021 | Feb 10, 2021 | Feb 10, 2021 | ₹6.00 | 0.781% |
| 9 | May 26, 2020 | Jul 16, 2020 | Jul 30, 2020 | ₹12.00 | 1.56% |
| 10 | Apr 23, 2019 | Jul 10, 2019 | Jul 29, 2019 | ₹3.50 | 0.94% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
COROMANDEL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from COROMANDEL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in COROMANDEL stock here.
Comparing COROMANDEL to Sector and Country
COROMANDEL.NS pays a solid dividend yield of 1.28%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.200%). COROMANDEL.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the IN market (3.38%), which means that there are more attractive dividend stocks to consider.
