Asian Paints Dividend yield

Asian Paints is part of Construction and Materials business, which is part of Industrials industry. Asian Paints is a company from India, and his stocks are publicly traded.

Asian Paints stock dividend

Asian Paints paid a total dividend of 24,665 million INR last year, for a market value of 3,122,600 millions (Market Cap 1,467,829 millions). Asian Paints dividend per share is 25.72 INR, and his stock market price 3,256.10 INR.

According to the chart below, where dividend yield is displayed, Asian Paints has a dividend yield of 0.79%, 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 Asian Paints stocks dividend with other Construction and Materials companies or other of the high India dividend stocks list.

Asian Paints Dividend Payout

About the ability of Asian Paints to maintain his current dividend of INR 25.72 per share, an amount that accounts for 0.79%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asian Paints payout on ernings is currently 59.63%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Asian Paints can have problems to keep with his present dividend yield.

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 Asian Paints is INR 43.76 per share, which is higher than the dividend per share paid by the company of INR 25.72, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Asian Paints, compared againt world market average, India companies, Industrials industry and Construction and Materials sector companies.

Asian Paints Dividend History

Below you will find a table with the historical evolution of Asian Paints'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	0.79%	25.72	59.63%	959
2022	0.64%	19.76	61.94%	959
2021	0.54%	18.27	0.00%	959
2020	0.43%	11.89	0.00%	959
2019	0.62%	11.07	48.38%	959
2018	0.65%	8.92	41.26%	959
2017	0.72%	8.34	40.68%	959
2016	0.82%	7.95	43.28%	959
2015	0.78%	6.54	44.22%	959

*In millions

Then you can see the evolution of Asian Paints dividend stock, and compare it with the average of India stocks and that of the Construction and Materials stocks.

Asian Paints Stock performance

Finally, last moth Asian Paints showed a return of -3.60% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -4.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Construction and Materials firms.