08-31-2023
INR/share | |
Price | 2,524.20 |
Dividend | 47.96 |
Earnings | 66.95 |
Cash-flow | 55.11 |
Book value | 286.84 |
Equity | 273.27 |
HDFC Asset Management is part of Financial Services business, which is part of Financials industry. HDFC Asset Management is a company from India, and his stocks are publicly traded.
HDFC Asset Management stock dividend
HDFC Asset Management paid a total dividend of 10,215 million INR last year, for a market value of 537,655 millions (Market Cap 253,746 millions). HDFC Asset Management dividend per share is 47.96 INR, and his stock market price 2,524.20 INR.
According to the chart below, where dividend yield is displayed, HDFC Asset Management 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 Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare HDFC Asset Management stocks dividend with other Financial Services companies or other of the highest India dividend stocks list.
HDFC Asset Management Dividend Payout
About the ability of HDFC Asset Management to maintain his current dividend of INR 47.96 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). HDFC Asset Management payout on ernings is currently 71.64%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that HDFC Asset Management 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 HDFC Asset Management is INR 55.11 per share, which is higher than the dividend per share paid by the company of INR 47.96, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of HDFC Asset Management, compared againt world market average, India companies, Financials industry and Financial Services sector companies.
HDFC Asset Management Dividend History
Below you will find a table with the historical evolution of HDFC Asset Management'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 | 1.90% | 47.96 | 71.64% | 213 |
2022 | 1.93% | 42.10 | 64.07% | 213 |
2021 | 1.39% | 34.00 | 54.35% | 213 |
2020 | 0.96% | 28.01 | 47.04% | 213 |
2019 | 0.75% | 24.00 | 54.61% | 213 |
2018 | 0.00% | 0.00 | 0.00% | 212 |
*In millions
HDFC Asset Management Stock performance
Finally, last moth HDFC Asset Management showed a return of -0.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 21.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Financial Services firms.