Hind. Zinc-B1 Dividend yield

 Price  239.05
 Dividend  37.79
 Earnings  15.03
 Cash-flow  16.49
 Book value  95.62
 Equity  87.89

Hind. Zinc-B1 is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Hind. Zinc-B1 is a company from India, and his stocks are publicly traded.

Hind. Zinc-B1 paid a total dividend of 159,663 million INR last year, for a market value of 1,009,986 millions (Market Cap 55,507 millions). Dividend per share of Hind. Zinc-B1 is 37.79 INR, and his stock market price 239.05 INR.

According to the chart below, where dividend yield is displayed, Hind. Zinc-B1 has a dividend yield of 15.81%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Hind. Zinc-B1 dividend yield with other Industrial Metals and Mining companies or firms from India.

Dividend yield of Hind. Zinc-B1

Hind. Zinc-B1 Dividend Payout

About the ability of Hind. Zinc-B1 to maintain his current dividend of INR 37.79 per share, an amount that accounts for 15.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hind. Zinc-B1 payout on ernings is currently 251.43%, which is higher than the market average, and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures show that Hind. Zinc-B1 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 Hind. Zinc-B1 is INR 16.49 per share, which is lower than the dividend per share paid by the company of INR 37.79, 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 Hind. Zinc-B1, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Hind. Zinc-B1 payout

Hind. Zinc-B1 Dividend History

Year Yield  INR  Paypout  Shares* 

*In millions

Hind. Zinc-B1 Stock performance

Finally, last moth Hind. Zinc-B1 showed a return of 4.10% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a 14.00% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.

Hind. Zinc-B1 stock and market return