|INR per share|
Godrej Industries paid a total dividend of 593 million INR last year, for a market capitalization of 169,242 millions. Dividend per share of Godrej Industries is 1.77 INR, and his stock market price 505.20 INR.
According to the chart below, where dividend yield is displayed, Godrej Industries has a dividend yield of 0.35%, 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,...
About the ability of Godrej Industries to maintain his current dividend of INR 1.77 per share, an amount that accounts for 0.35%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Godrej Industries payout on ernings is currently 12.22%, which is lower than the market average and companies of Consumer Goods industry, which are 39.68% and 38.65% respectively. Both figures lead us to believe that there is confidence that Godrej Industriescan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Godrej Industries is INR -7.77 per share, which is lower than the dividend per share paid by the company of INR 1.77, 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 Godrej Industries, compared againt world market average, India companies, Consumer Goods industry and Food Producers sector companies. You might also need to check full financial report of Godrej Industries.
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