08-31-2023
| INR/share | |
| Price | 563.90 |
| Dividend | 0.62 |
| Earnings | 5.87 |
| Cash-flow | 63.36 |
| Book value | 67.94 |
| Equity | 65.22 |
ICICI Prudential Life Insur. is part of Life Insurance business, which is part of Financials industry. ICICI Prudential Life Insur. is a company from India, and his stocks are publicly traded.
ICICI Prudential Life Insur. stock dividend
ICICI Prudential Life Insur. paid a total dividend of 892 million INR last year, for a market value of 811,452 millions (Market Cap 215,712 millions). ICICI Prudential Life Insur. dividend per share is 0.62 INR, and his stock market price 563.90 INR.
According to the chart below, where dividend yield is displayed, ICICI Prudential Life Insur. has a dividend yield of 0.11%, 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 ICICI Prudential Life Insur. stocks dividend with other Life Insurance companies or other of the best India dividend stocks list.
ICICI Prudential Life Insur. Dividend Payout
About the ability of ICICI Prudential Life Insur. to maintain his current dividend of INR 0.62 per share, an amount that accounts for 0.11%, we should study its payout ratio both on earnings and on cash-flows (see chart below). ICICI Prudential Life Insur. payout on ernings is currently 10.56%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that ICICI Prudential Life Insur.can 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 ICICI Prudential Life Insur. is INR 63.36 per share, which is higher than the dividend per share paid by the company of INR 0.62, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of ICICI Prudential Life Insur., compared againt world market average, India companies, Financials industry and Life Insurance sector companies.
ICICI Prudential Life Insurance Dividend History
Below you will find a table with the historical evolution of ICICI Prudential Life Insurance'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 | 0.11% | 0.62 | 10.56% | 1,439 |
| 2022 | 0.12% | 0.54 | 9.96% | 1,437 |
| 2021 | 0.36% | 2.02 | 29.97% | 1,436 |
| 2020 | 0.47% | 2.34 | 31.20% | 1,436 |
| 2019 | 0.49% | 2.36 | 29.50% | 1,436 |
| 2018 | 1.73% | 5.61 | 49.43% | 1,436 |
| 2017 | 1.20% | 4.60 | 39.22% | 1,435 |
*In millions
ICICI Prudential Life Insur. Stock performance
Finally, last moth ICICI Prudential Life Insur. showed a return of -2.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -5.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Life Insurance firms.
