Indraprastha Gas (BOM:532514) Dividend Payout Ratio : 0.59 (As of Dec. 2023)

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What is Indraprastha Gas Dividend Payout Ratio?

Indraprastha Gas's dividend payout ratio for the months ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Indraprastha Gas's Dividend Payout Ratio or its related term are showing as below:

BOM:532514' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.18 Max: 0.61
Current: 0.61

During the past 13 years, the highest Dividend Payout Ratio of Indraprastha Gas was 0.61. The lowest was 0.10. And the median was 0.18.

BOM:532514's Dividend Payout Ratio is ranked worse than
59.45% of 365 companies
in the Utilities - Regulated industry
Industry Median: 0.52 vs BOM:532514: 0.61

As of today (2024-04-29), the Dividend Yield % of Indraprastha Gas is 3.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Indraprastha Gas was 4.31%. The lowest was 0.32%. And the median was 0.98%.

Indraprastha Gas's Dividends per Share for the months ended in Dec. 2023 was ₹4.00.

During the past 12 months, Indraprastha Gas's average Dividends Per Share Growth Rate was 209.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 52.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 43.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 19.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Indraprastha Gas was 52.40% per year. The lowest was -3.10% per year. And the median was 15.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Indraprastha Gas Dividend Payout Ratio Historical Data

The historical data trend for Indraprastha Gas's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Indraprastha Gas Dividend Payout Ratio Chart

Indraprastha Gas Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.18

0.14

0.17

0.37

Indraprastha Gas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.53	1.34	-	0.59

Competitive Comparison of Indraprastha Gas's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, Indraprastha Gas's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Indraprastha Gas's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Indraprastha Gas's Dividend Payout Ratio falls into.

Indraprastha Gas Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Indraprastha Gas's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	8.5	/	22.764
	=	0.37

Indraprastha Gas's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	4	/	6.79
	=	0.59

Indraprastha Gas (BOM:532514) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Indraprastha Gas Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Indraprastha Gas's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Indraprastha Gas (BOM:532514) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Indraprastha Gas Ltd (BOM:532514) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

IGL:India

Address

IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022

Website

https://www.iglonline.net

Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.

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