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 paid a total dividend of 8,295 million INR last year, for a market value of 1,316,180 millions (Market Cap 394,935 millions). Dividend per share of Asian Paints is 8.65 INR, and his stock market price 1,372.45 INR.

According to the chart below, where dividend yield is displayed, Asian Paints has a dividend yield of 0.63%, 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 dividend yield with other Construction and Materials companies or firms from India.

Asian Paints Dividend Payout

About the ability of Asian Paints to maintain his current dividend of INR 8.65 per share, an amount that accounts for 0.63%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asian Paints payout on ernings is currently 40.03%, which is higher than the market average, and companies of Industrials industry, which are 38.54% and 37.50% 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 22.46 per share, which is higher than the dividend per share paid by the company of INR 8.65, 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 Stock performance

Finally, last moth Asian Paints showed a return of -5.40% compared to a worldwide -0.46% average, and a 0.06% of Industrials firms. Over the last year, the company obtained a 17.40% versus a worldwide performance of a 5.96%. More detailed information can be seen in the following graph for India and Construction and Materials firms.