UltraTech Cement Dividend yield

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

UltraTech Cement stock dividend

UltraTech Cement paid a total dividend of 10,993 million INR last year, for a market value of 2,389,666 millions (Market Cap 948,842 millions). UltraTech Cement dividend per share is 38.17 INR, and his stock market price 8,297.45 INR.

According to the chart below, where dividend yield is displayed, UltraTech Cement has a dividend yield of 0.46%, 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 UltraTech Cement stocks dividend with other Construction and Materials companies or other of the best India dividend stocks list.

UltraTech Cement Dividend Payout

About the ability of UltraTech Cement to maintain his current dividend of INR 38.17 per share, an amount that accounts for 0.46%, we should study its payout ratio both on earnings and on cash-flows (see chart below). UltraTech Cement payout on ernings is currently 20.93%, 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 UltraTech Cementcan 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 UltraTech Cement is INR 297.40 per share, which is higher than the dividend per share paid by the company of INR 38.17, so the company generates enough cash to maintain his dividend in the future.

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

UltraTech Cement Dividend History

Below you will find a table with the historical evolution of UltraTech Cement'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	0.46%	38.17	20.93%	288
2022	0.55%	38.27	14.57%	288
2021	0.49%	37.20	19.01%	289
2020	0.25%	13.22	6.27%	288
2019	0.28%	11.33	12.68%	288
2018	0.26%	10.38	12.46%	275
2017	0.23%	9.94	9.94%	275
2016	0.26%	9.37	11.10%	274
2015	0.32%	8.96	11.58%	274

*In millions

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

UltraTech Cement Stock performance

Finally, last moth UltraTech Cement showed a return of -0.20% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 24.30% 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.