08-31-2023
| INR/share | |
| Price | 1,954.05 |
| Dividend | 3.13 |
| Earnings | 0.00 |
| Cash-flow | 0.00 |
| Book value | 100.72 |
| Equity | 0.00 |
Astral is part of Construction and Materials business, which is part of Industrials industry. Astral is a company from India, and his stocks are publicly traded.
Astral stock dividend
Astral paid a total dividend of 842 million INR last year, for a market value of 525,639 millions (Market Cap 232,301 millions). Astral dividend per share is 3.13 INR, and his stock market price 1,954.05 INR.
According to the chart below, where dividend yield is displayed, Astral has a dividend yield of 0.16%, 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 Astral stocks dividend with other Construction and Materials companies or other of the high India dividend stocks list.
Astral Dividend Payout
About the ability of Astral to maintain his current dividend of INR 3.13 per share, an amount that accounts for 0.16%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Astral payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.
lower than the dividend per share paid by the company of INR 3.13, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Astral, compared againt world market average, India companies, Industrials industry and Construction and Materials sector companies.
Astral Dividend History
Below you will find a table with the historical evolution of Astral'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 | 0.16% | 3.13 | 0.00% | 269 |
| 2022 | 0.15% | 2.95 | 12.08% | 201 |
*In millions
Astral Stock performance
Finally, last moth Astral showed a return of -0.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 24.50% 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.
