Bajaj Auto Limited Dividend yield

Bajaj Auto Limited is part of Automobiles and Parts business, which is part of Consumer Goods industry. Bajaj Auto Limited is a company from India, and his stocks are publicly traded.

Bajaj Auto Limited stock dividend

Bajaj Auto Limited paid a total dividend of 39,563 million INR last year, for a market value of 1,305,705 millions (Market Cap 313,322 millions). Bajaj Auto Limited dividend per share is 139.80 INR, and his stock market price 4,613.80 INR.

According to the chart below, where dividend yield is displayed, Bajaj Auto Limited has a dividend yield of 3.03%, which is lower than the amount offered by the market average , but bigger than Consumer Goods industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Bajaj Auto Limited stocks dividend with other Automobiles and Parts companies or other of the highest India dividend stocks list.

Bajaj Auto Limited Dividend Payout

About the ability of Bajaj Auto Limited to maintain his current dividend of INR 139.80 per share, an amount that accounts for 3.03%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bajaj Auto Limited payout on ernings is currently 65.14%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Bajaj Auto Limited 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 Bajaj Auto Limited is INR 199.73 per share, which is higher than the dividend per share paid by the company of INR 139.80, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bajaj Auto Limited, compared againt world market average, India companies, Consumer Goods industry and Automobiles and Parts sector companies.

Bajaj Auto Limited Dividend History

Below you will find a table with the historical evolution of Bajaj Auto Limited'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	3.03%	139.80	65.14%	283
2022	3.87%	139.94	63.86%	283
2021	4.31%	140.04	83.18%	289
2020	3.48%	119.85	66.47%	289
2019	1.88%	59.88	35.16%	289
2018	2.21%	60.12	40.89%	289
2017	1.65%	55.00	38.94%	289
2016	2.05%	55.05	42.03%	289
2015	2.02%	50.08	47.87%	289

*In millions

Then you can see the evolution of Bajaj Auto Limited dividend stock, and compare it with the average of India stocks and that of the Automobiles and Parts stocks.

Bajaj Auto Limited Stock performance

Finally, last moth Bajaj Auto Limited showed a return of -6.40% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 12.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Automobiles and Parts firms.