Balkrishna Industries Dividend yield

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

Balkrishna Industries stock dividend

Balkrishna Industries paid a total dividend of 3,094 million INR last year, for a market value of 448,368 millions (Market Cap 187,295 millions). Balkrishna Industries dividend per share is 16.03 INR, and his stock market price 2,323.15 INR.

According to the chart below, where dividend yield is displayed, Balkrishna Industries has a dividend yield of 0.69%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

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

Balkrishna Industries Dividend Payout

About the ability of Balkrishna Industries to maintain his current dividend of INR 16.03 per share, an amount that accounts for 0.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Balkrishna Industries payout on ernings is currently 29.33%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Balkrishna Industriescan maintain his current dividend.

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 Balkrishna Industries is INR 74.70 per share, which is higher than the dividend per share paid by the company of INR 16.03, so the company generates enough cash to maintain his dividend in the future.

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

Balkrishna Industries Dividend History

Below you will find a table with the historical evolution of Balkrishna Industries'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	0.69%	16.03	29.33%	193
2022	0.75%	15.98	21.52%	193
2021	0.77%	17.89	29.34%	193
2020	1.40%	23.05	46.34%	193

*In millions

Balkrishna Industries Stock performance

Finally, last moth Balkrishna Industries showed a return of -8.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 13.50% 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.