Hindalco Dividend yield

 Price  459.85
 Dividend  2.99
 Earnings  48.92
 Cash-flow  70.75
 Book value  418.05
 Equity  385.20

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

Hindalco stock dividend

Hindalco paid a total dividend of 6,692 million INR last year, for a market value of 1,029,144 millions (Market Cap 647,736 millions). Hindalco dividend per share is 2.99 INR, and his stock market price 459.85 INR.

According to the chart below, where dividend yield is displayed, Hindalco 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 Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Hindalco stocks dividend with other Industrial Metals and Mining companies or other of the highest India dividend stocks list.

Dividend yield of Hindalco

Hindalco Dividend Payout

About the ability of Hindalco to maintain his current dividend of INR 2.99 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). Hindalco payout on ernings is currently 6.11%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Hindalcocan maintain his current dividend.

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 Hindalco is INR 70.75 per share, which is higher than the dividend per share paid by the company of INR 2.99, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hindalco, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Hindalco payout

Hindalco Dividend History

Below you will find a table with the historical evolution of Hindalco'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

Then you can see the evolution of Hindalco dividend stock, and compare it with the average of India stocks and that of the Industrial Metals and Mining stocks.

Hindalco stock dividend history

Hindalco Stock performance

Finally, last moth Hindalco showed a return of -0.60% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 4.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.

Hindalco stock and market return