General Insurance Corporation of India Stock Dividends
GICRE.NS pays dividends yearly. Last paid amount was ₹7.20 at Sep 08, 2023. As of today, dividend yield (TTM) is 3.20%.
Dividend Yield Range
AI Analysis of GICRE.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 3.20% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹7.20 |
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General Insurance Corporation of India has not yet announced its next dividend date. Last payment date was: Sep 08, 2023.
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GICRE Dividend Payout History
To ensure a understanding of GICRE'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 | Sep 08, 2023 | Sep 08, 2023 | Sep 08, 2023 | ₹7.20 | 3.20% |
| 2 | Jun 07, 2022 | Jun 07, 2022 | Jun 07, 2022 | ₹2.25 | 1.85% |
| 3 | May 23, 2019 | Jul 19, 2019 | Aug 28, 2019 | ₹6.75 | 3.94% |
| 4 | May 25, 2018 | Jul 12, 2018 | Oct 05, 2018 | ₹13.50 | 4.24% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
GICRE Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GICRE 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 GICRE stock here.
Comparing GICRE to Sector and Country
GICRE.NS pays a solid dividend yield of 3.20%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.187%). GICRE.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the IN market (4.37%), which means that there are more attractive dividend stocks to consider.
