LIC Housing Finance Dividend yield

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

LIC Housing Finance stock dividend

LIC Housing Finance paid a total dividend of 4,681 million INR last year, for a market value of 232,843 millions (Market Cap 127,521 millions). LIC Housing Finance dividend per share is 8.51 INR, and his stock market price 423.35 INR.

According to the chart below, where dividend yield is displayed, LIC Housing Finance has a dividend yield of 2.01%, 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 LIC Housing Finance stocks dividend with other Financial Services companies or other of the best India dividend stocks list.

LIC Housing Finance Dividend Payout

About the ability of LIC Housing Finance to maintain his current dividend of INR 8.51 per share, an amount that accounts for 2.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). LIC Housing Finance payout on ernings is currently 16.08%, 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 LIC Housing Financecan 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 LIC Housing Finance is INR -352.79 per share, which is lower than the dividend per share paid by the company of INR 8.51, 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 LIC Housing Finance, compared againt world market average, India companies, Financials industry and Financial Services sector companies.

LIC Housing Finance Dividend History

Below you will find a table with the historical evolution of LIC Housing Finance'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	2.01%	8.51	16.08%	550
2022	2.05%	8.49	20.50%	550
2021	2.30%	8.50	17.02%	550
2020	2.21%	7.98	16.79%	505
2019	1.75%	7.60	15.75%	505
2018	1.39%	6.79	16.95%	505
2017	1.10%	6.20	16.06%	505
2016	0.97%	5.47	16.57%	505
2015	1.03%	4.99	18.02%	505

*In millions

Then you can see the evolution of LIC Housing Finance dividend stock, and compare it with the average of India stocks and that of the Financial Services stocks.

LIC Housing Finance Stock performance

Finally, last moth LIC Housing Finance showed a return of 1.40% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 3.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Financial Services firms.