NHPC Dividend yield

NHPC is part of Electricity business, which is part of Utilities industry. NHPC is a company from India, and his stocks are publicly traded.

NHPC stock dividend

NHPC paid a total dividend of 18,583 million INR last year, for a market value of 504,259 millions (Market Cap 114,584 millions). NHPC dividend per share is 1.85 INR, and his stock market price 50.20 INR.

According to the chart below, where dividend yield is displayed, NHPC has a dividend yield of 3.69%, which is similar to the amount offered by both the market average and companies from India. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare NHPC stocks dividend with other Electricity companies or other of the highest India dividend stocks list.

NHPC Dividend Payout

About the ability of NHPC to maintain his current dividend of INR 1.85 per share, an amount that accounts for 3.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NHPC payout on ernings is currently 46.84%, which is higher than the market average, but lower than companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that NHPC should not have problems to continue paying his 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 NHPC is INR 3.30 per share, which is higher than the dividend per share paid by the company of INR 1.85, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NHPC, compared againt world market average, India companies, Utilities industry and Electricity sector companies.

NHPC Dividend History

Below you will find a table with the historical evolution of NHPC'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	3.69%	1.85	46.84%	10,045
2022	4.55%	1.81	50.56%	10,045
2021	5.17%	1.60	48.05%	10,045
2020	6.62%	1.50	51.02%	10,045
2019	6.10%	1.46	54.89%	10,045
2018	5.38%	1.40	56.00%	10,259
2017	5.51%	1.80	59.60%	10,259
2016	5.35%	1.50	58.82%	11,071
2015	3.13%	0.60	25.42%	11,071

*In millions

Then you can see the evolution of NHPC dividend stock, and compare it with the average of India stocks and that of the Electricity stocks.

NHPC Stock performance

Finally, last moth NHPC showed a return of -2.50% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 30.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Electricity firms.