MARICO Dividend yield

MARICO is part of Personal Goods business, which is part of Consumer Goods industry. MARICO is a company from India, and his stocks are publicly traded.

MARICO stock dividend

MARICO paid a total dividend of 5,814 million INR last year, for a market value of 736,505 millions (Market Cap 295,440 millions). MARICO dividend per share is 4.50 INR, and his stock market price 570.05 INR.

According to the chart below, where dividend yield is displayed, MARICO has a dividend yield of 0.79%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare MARICO stocks dividend with other Personal Goods companies or other of the high India dividend stocks list.

MARICO Dividend Payout

About the ability of MARICO to maintain his current dividend of INR 4.50 per share, an amount that accounts for 0.79%, we should study its payout ratio both on earnings and on cash-flows (see chart below). MARICO payout on ernings is currently 44.38%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that MARICO can have problems to keep with his present dividend yield.

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 MARICO is INR 11.45 per share, which is higher than the dividend per share paid by the company of INR 4.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of MARICO, compared againt world market average, India companies, Consumer Goods industry and Personal Goods sector companies.

MARICO Dividend History

Below you will find a table with the historical evolution of MARICO'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	0.79%	4.50	44.38%	1,292
2022	2.70%	13.77	144.19%	1,291
2021	1.46%	7.48	81.84%	1,290
2020	1.74%	7.01	88.29%	1,290
2019	1.61%	5.50	63.29%	1,290
2018	1.21%	4.52	71.41%	1,291
2017	1.16%	3.74	60.23%	1,291
2016	1.58%	3.99	69.76%	1,289
2015	0.77%	3.25	35.83%	645

*In millions

Then you can see the evolution of MARICO dividend stock, and compare it with the average of India stocks and that of the Personal Goods stocks.

MARICO Stock performance

Finally, last moth MARICO showed a return of 1.70% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 8.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Personal Goods firms.