Pidilite Industries Dividend yield

Pidilite Industries is part of Chemicals business, which is part of Basic Materials industry. Pidilite Industries is a company from India, and his stocks are publicly traded.

Pidilite Industries stock dividend

Pidilite Industries paid a total dividend of 5,624 million INR last year, for a market value of 1,277,620 millions (Market Cap 382,361 millions). Pidilite Industries dividend per share is 11.07 INR, and his stock market price 2,515.00 INR.

According to the chart below, where dividend yield is displayed, Pidilite Industries has a dividend yield of 0.44%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Pidilite Industries stocks dividend with other Chemicals companies or other of the high India dividend stocks list.

Pidilite Industries Dividend Payout

About the ability of Pidilite Industries to maintain his current dividend of INR 11.07 per share, an amount that accounts for 0.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Pidilite Industries payout on ernings is currently 42.87%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Pidilite 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 Pidilite Industries is INR 30.08 per share, which is higher than the dividend per share paid by the company of INR 11.07, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Pidilite Industries, compared againt world market average, India companies, Basic Materials industry and Chemicals sector companies.

Pidilite Industries Dividend History

Below you will find a table with the historical evolution of Pidilite 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	0.44%	11.07	42.87%	508
2022	0.39%	9.95	0.00%	508
2021	0.35%	8.62	0.00%	508
2020	0.76%	13.42	59.96%	508
2019	0.47%	6.52	35.02%	508
2018	0.54%	5.98	30.87%	508
2017	0.53%	4.78	27.92%	513
2016	0.65%	4.16	26.82%	513
2015	0.52%	2.90	27.65%	513

*In millions

Then you can see the evolution of Pidilite Industries dividend stock, and compare it with the average of India stocks and that of the Chemicals stocks.

Pidilite Industries Stock performance

Finally, last moth Pidilite Industries showed a return of -3.80% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -8.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Chemicals firms.