Bharat Electronics Dividend yield




   INR/share 
 Price  99.90
 Dividend  1.90
 Earnings  3.32
 Cash-flow  5.98
 Book value  16.93
 Equity  15.96

Bharat Electronics is part of Aerospace and Defense business, which is part of Industrials industry. Bharat Electronics is a company from India, and his stocks are publicly traded.

Bharat Electronics paid a total dividend of 13,889 million INR last year, for a market value of 730,269 millions (Market Cap 326,628 millions). Dividend per share of Bharat Electronics is 1.90 INR, and his stock market price 99.90 INR.

According to the chart below, where dividend yield is displayed, Bharat Electronics has a dividend yield of 1.90%, 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 Bharat Electronics dividend yield with other Aerospace and Defense companies or firms from India.

Dividend yield of Bharat Electronics

Bharat Electronics Dividend Payout

About the ability of Bharat Electronics to maintain his current dividend of INR 1.90 per share, an amount that accounts for 1.90%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bharat Electronics payout on ernings is currently 57.23%, which is higher than the market average, and companies of Industrials industry, which are 41.22% and 36.57% respectively. Both figures show that Bharat Electronics 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 Bharat Electronics is INR 5.98 per share, which is higher than the dividend per share paid by the company of INR 1.90, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bharat Electronics, compared againt world market average, India companies, Industrials industry and Aerospace and Defense sector companies.

Bharat Electronics payout

Bharat Electronics Dividend History

Year Yield  INR  Paypout  Shares* 
Present1.90%1.9057.23%7,310
20211.91%4.0146.04%2,437
20202.33%2.7937.00%2,437
20193.40%3.4043.48%2,437
20182.27%2.0033.67%2,437
20171.12%2.0432.59%2,457
20161.18%16.9829.03%240
20150.78%9.7819.50%240

*In millions

Bharat Electronics Stock performance

Finally, last moth Bharat Electronics showed a return of -4.90% compared to a worldwide -2.30% average, and a -3.75% of Industrials firms. Over the last year, the company obtained a 42.70% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Aerospace and Defense firms.

Bharat Electronics stock and market return