Shree Cements Dividend yield

Shree Cements is part of Construction and Materials business, which is part of Industrials industry. Shree Cements is a company from India, and his stocks are publicly traded.

Shree Cements stock dividend

Shree Cements paid a total dividend of 3,599 million INR last year, for a market value of 856,841 millions (Market Cap 321,576 millions). Shree Cements dividend per share is 99.96 INR, and his stock market price 23,801.15 INR.

According to the chart below, where dividend yield is displayed, Shree Cements has a dividend yield of 0.42%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Shree Cements stocks dividend with other Construction and Materials companies or other of the high India dividend stocks list.

Shree Cements Dividend Payout

About the ability of Shree Cements to maintain his current dividend of INR 99.96 per share, an amount that accounts for 0.42%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Shree Cements payout on ernings is currently 28.26%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Shree Cementscan maintain his current 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 Shree Cements is INR 741.47 per share, which is higher than the dividend per share paid by the company of INR 99.96, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Shree Cements, compared againt world market average, India companies, Industrials industry and Construction and Materials sector companies.

Shree Cements Dividend History

Below you will find a table with the historical evolution of Shree Cements'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	0.42%	99.96	28.26%	36
2022	0.39%	90.83	14.00%	36
2021	0.22%	59.37	9.35%	36
2020	0.60%	144.08	33.72%	36
2019	0.17%	34.62	11.92%	35
2018	0.29%	49.98	12.56%	35
2017	0.22%	39.76	10.32%	35
2016	0.18%	28.03	13.50%	35
2015	0.13%	14.44	11.01%	35

*In millions

Then you can see the evolution of Shree Cements dividend stock, and compare it with the average of India stocks and that of the Construction and Materials stocks.

Shree Cements Stock performance

Finally, last moth Shree Cements showed a return of -1.30% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 7.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Construction and Materials firms.