Bharat Forge-A Dividend yield

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 stock dividend

Bharat Forge-A paid a total dividend of 3,243 million INR last year, for a market value of 498,783 millions (Market Cap 269,464 millions). Bharat Forge-A dividend per share is 6.96 INR, and his stock market price 1,070.35 INR.

According to the chart below, where dividend yield is displayed, Bharat Forge-A has a dividend yield of 0.65%, 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 stocks dividend with other Industrial Engineering companies or other of the highest India dividend stocks list.

Bharat Forge-A Dividend Payout

About the ability of Bharat Forge-A to maintain his current dividend of INR 6.96 per share, an amount that accounts for 0.65%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bharat Forge-A payout on ernings is currently 58.73%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Bharat Forge-A 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 Forge-A is INR 29.16 per share, which is higher than the dividend per share paid by the company of INR 6.96, 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 Forge-A, compared againt world market average, India companies, Industrials industry and Industrial Engineering sector companies.

Bharat Forge-A Dividend History

Below you will find a table with the historical evolution of Bharat Forge-A'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	0.65%	6.96	58.73%	466
2022	0.80%	7.04	29.92%	466
2021	0.50%	3.49	0.00%	466
2020	1.14%	5.99	76.60%	466
2019	0.83%	4.01	17.93%	466
2018	0.98%	4.99	30.11%	466
2017	0.62%	4.54	29.67%	466
2016	0.83%	7.50	26.89%	233
2015	0.88%	7.48	22.52%	233

*In millions

Then you can see the evolution of Bharat Forge-A dividend stock, and compare it with the average of India stocks and that of the Industrial Engineering stocks.

Bharat Forge-A Stock performance

Finally, last moth Bharat Forge-A showed a return of 14.90% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 44.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Industrial Engineering firms.