Page Industries Dividend yield

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

Page Industries stock dividend

Page Industries paid a total dividend of 2,915 million INR last year, for a market value of 441,685 millions (Market Cap 230,242 millions). Page Industries dividend per share is 265.01 INR, and his stock market price 40,153.20 INR.

According to the chart below, where dividend yield is displayed, Page Industries has a dividend yield of 0.66%, 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 Page Industries stocks dividend with other Personal Goods companies or other of the high India dividend stocks list.

Page Industries Dividend Payout

About the ability of Page Industries to maintain his current dividend of INR 265.01 per share, an amount that accounts for 0.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Page Industries payout on ernings is currently 51.68%, 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 Page Industries 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 Page Industries is INR 0.00 per share, which is lower than the dividend per share paid by the company of INR 265.01, 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 Page Industries, compared againt world market average, India companies, Consumer Goods industry and Personal Goods sector companies.

Page Industries Dividend History

Below you will find a table with the historical evolution of Page Industries'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	0.66%	265.01	51.68%	11
2022	0.70%	299.86	62.23%	11
2021	1.11%	448.68	0.00%	11
2020	0.76%	209.84	67.64%	11
2019	0.79%	184.81	51.90%	11
2018	0.60%	151.43	48.36%	11

*In millions

Page Industries Stock performance

Finally, last moth Page Industries showed a return of 6.20% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -21.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Personal Goods firms.