Britannia Industries Dividend yield

 Price  4,467.75
 Dividend  128.67
 Earnings  96.50
 Cash-flow  103.90
 Book value  146.97
 Equity  126.47

Britannia Industries is part of Food Producers business, which is part of Consumer Goods industry. Britannia Industries is a company from India, and his stocks are publicly traded.

Britannia Industries stock dividend

Britannia Industries paid a total dividend of 31,009 million INR last year, for a market value of 1,076,728 millions (Market Cap 531,290 millions). Britannia Industries dividend per share is 128.67 INR, and his stock market price 4,467.75 INR.

According to the chart below, where dividend yield is displayed, Britannia Industries has a dividend yield of 2.88%, 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 Britannia Industries stocks dividend with other Food Producers companies or other of the highest India dividend stocks list.

Dividend yield of Britannia Industries

Britannia Industries Dividend Payout

About the ability of Britannia Industries to maintain his current dividend of INR 128.67 per share, an amount that accounts for 2.88%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Britannia Industries payout on ernings is currently 133.34%, 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 Britannia Industries 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 Britannia Industries is INR 103.90 per share, which is lower than the dividend per share paid by the company of INR 128.67, 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 Britannia Industries, compared againt world market average, India companies, Consumer Goods industry and Food Producers sector companies.

Britannia Industries payout

Britannia Industries Dividend History

Below you will find a table with the historical evolution of Britannia 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* 

*In millions

Britannia Industries Stock performance

Finally, last moth Britannia Industries showed a return of -6.80% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 19.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Food Producers firms.

Britannia Industries stock and market return