Bharat Forge-A Dividend yield




   INR/share 
 Price  879.85
 Dividend  7.04
 Earnings  23.53
 Cash-flow  0.00
 Book value  141.91
 Equity  128.58

Bharat Forge-A is part of Industrial Engineering business, which is part of Industrials industry. Bharat Forge-A is a company from India, and his stocks are publicly traded.

Bharat Forge-A paid a total dividend of 3,281 million INR last year, for a market value of 410,010 millions (Market Cap 221,505 millions). Dividend per share of Bharat Forge-A is 7.04 INR, and his stock market price 879.85 INR.

According to the chart below, where dividend yield is displayed, Bharat Forge-A has a dividend yield of 0.80%, 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 Forge-A dividend yield with other Industrial Engineering companies or firms from India.

Dividend yield of Bharat Forge-A

Bharat Forge-A Dividend Payout

About the ability of Bharat Forge-A to maintain his current dividend of INR 7.04 per share, an amount that accounts for 0.80%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bharat Forge-A payout on ernings is currently 29.92%, which is lower than the market average and companies of Industrials industry, which are 41.22% and 36.57% respectively. Both figures lead us to believe that there is confidence that Bharat Forge-Acan 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 Bharat Forge-A is INR 0.00 per share, which is lower than the dividend per share paid by the company of INR 7.04, 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 Bharat Forge-A, compared againt world market average, India companies, Industrials industry and Industrial Engineering sector companies.

Bharat Forge-A payout

Bharat Forge-A Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.80%7.0429.92%466
20210.50%3.490.00%466
20201.14%5.9976.60%466
20190.83%4.0117.93%466
20180.98%4.9930.11%466
20170.62%4.5429.67%466
20160.83%7.5026.89%233
20150.88%7.4822.52%233

*In millions

Bharat Forge-A Stock performance

Finally, last moth Bharat Forge-A showed a return of 2.40% compared to a worldwide -2.30% average, and a -3.75% of Industrials firms. Over the last year, the company obtained a 26.10% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Industrial Engineering firms.

Bharat Forge-A stock and market return