Housing Development Dividend yield

 Price  2,625.50
 Dividend  29.93
 Earnings  126.23
 Cash-flow  -243.10
 Book value  972.41
 Equity  921.39

Housing Development is part of Financial Services business, which is part of Financials industry. Housing Development is a company from India, and his stocks are publicly traded.

Housing Development stock dividend

Housing Development paid a total dividend of 54,263 million INR last year, for a market value of 4,760,032 millions (Market Cap 4,601,999 millions). Housing Development dividend per share is 29.93 INR, and his stock market price 2,625.50 INR.

According to the chart below, where dividend yield is displayed, Housing Development has a dividend yield of 1.14%, 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 Housing Development stocks dividend with other Financial Services companies or other of the highest India dividend stocks list.

Dividend yield of Housing Development

Housing Development Dividend Payout

About the ability of Housing Development to maintain his current dividend of INR 29.93 per share, an amount that accounts for 1.14%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Housing Development payout on ernings is currently 23.71%, which is lower than the market average and companies of Financials industry, which are 38.61% and 48.64% respectively. Both figures lead us to believe that there is confidence that Housing Developmentcan 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 Housing Development is INR -243.10 per share, which is lower than the dividend per share paid by the company of INR 29.93, 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 Housing Development, compared againt world market average, India companies, Financials industry and Financial Services sector companies.

Housing Development payout

Housing Development Dividend History

Below you will find a table with the historical evolution of Housing Development'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 Housing Development dividend stock, and compare it with the average of India stocks and that of the Financial Services stocks.

Housing Development stock dividend history

Housing Development Stock performance

Finally, last moth Housing Development showed a return of 0.60% compared to a worldwide -0.50% average, and a -5.25% of Financials firms. Over the last year, the company obtained a 9.80% versus a worldwide performance of a -2.10%. More detailed information can be seen in the following graph for India and Financial Services firms.

Housing Development stock and market return