Kansai Nerolac Paints Dividend yield

Kansai Nerolac Paints is part of Construction and Materials business, which is part of Industrials industry. Kansai Nerolac Paints is a company from India, and his stocks are publicly traded.

Kansai Nerolac Paints stock dividend

Kansai Nerolac Paints paid a total dividend of 1,454 million INR last year, for a market value of 268,781 millions (Market Cap 67,247 millions). Kansai Nerolac Paints dividend per share is 1.80 INR, and his stock market price 332.65 INR.

According to the chart below, where dividend yield is displayed, Kansai Nerolac Paints has a dividend yield of 0.54%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Kansai Nerolac Paints stocks dividend with other Construction and Materials companies or other of the highest India dividend stocks list.

Kansai Nerolac Paints Dividend Payout

About the ability of Kansai Nerolac Paints to maintain his current dividend of INR 1.80 per share, an amount that accounts for 0.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kansai Nerolac Paints payout on ernings is currently 29.80%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Kansai Nerolac Paintscan 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 Kansai Nerolac Paints is INR 4.86 per share, which is higher than the dividend per share paid by the company of INR 1.80, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kansai Nerolac Paints, compared againt world market average, India companies, Industrials industry and Construction and Materials sector companies.

Kansai Nerolac Paints Dividend History

Below you will find a table with the historical evolution of Kansai Nerolac Paints'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	0.54%	1.80	29.80%	808
2022	0.51%	2.24	32.28%	539
2021	0.55%	3.25	32.11%	539
2020	0.21%	1.28	12.89%	539
2019	0.50%	2.61	30.53%	539
2018	0.53%	2.60	27.23%	539
2017	0.43%	2.47	26.14%	539

*In millions

Kansai Nerolac Paints Stock performance

Finally, last moth Kansai Nerolac Paints showed a return of -0.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -1.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Construction and Materials firms.