Nippon Life India Dividend yield




   INR/share 
 Price  311.90
 Dividend  11.51
 Earnings  11.68
 Cash-flow  9.81
 Book value  56.71
 Equity  55.89

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

Nippon Life India stock dividend

Nippon Life India paid a total dividend of 7,171 million INR last year, for a market value of 194,314 millions (Market Cap 50,942 millions). Nippon Life India dividend per share is 11.51 INR, and his stock market price 311.90 INR.

According to the chart below, where dividend yield is displayed, Nippon Life India 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 Financials 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 Nippon Life India stocks dividend with other Financial Services companies or other of the highest India dividend stocks list.

Dividend yield of Nippon Life India

Nippon Life India Dividend Payout

About the ability of Nippon Life India to maintain his current dividend of INR 11.51 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). Nippon Life India payout on ernings is currently 98.54%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Nippon Life India 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 Nippon Life India is INR 9.81 per share, which is lower than the dividend per share paid by the company of INR 11.51, 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 Nippon Life India, compared againt world market average, India companies, Financials industry and Financial Services sector companies.

Nippon Life India payout

Nippon Life India Dividend History

Below you will find a table with the historical evolution of Nippon Life India'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* 
Present3.69%11.5198.54%623
20224.62%11.5195.60%622
20212.42%8.5176.67%617
20201.68%5.0073.31%612

*In millions

Nippon Life India Stock performance

Finally, last moth Nippon Life India 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 3.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Financial Services firms.

Nippon Life India stock and market return