08-31-2023
INR/share | |
Price | 2,005.75 |
Dividend | 9.23 |
Earnings | 36.47 |
Cash-flow | -57.31 |
Book value | 742.87 |
Equity | 759.79 |
ACC is part of Construction and Materials business, which is part of Industrials industry. ACC is a company from India, and his stocks are publicly traded.
ACC stock dividend
ACC paid a total dividend of 1,735 million INR last year, for a market value of 377,081 millions (Market Cap 162,540 millions). ACC dividend per share is 9.23 INR, and his stock market price 2,005.75 INR.
According to the chart below, where dividend yield is displayed, ACC 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 ACC stocks dividend with other Construction and Materials companies or other of the high India dividend stocks list.
ACC Dividend Payout
About the ability of ACC to maintain his current dividend of INR 9.23 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). ACC payout on ernings is currently 25.31%, 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 ACCcan 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 ACC is INR -57.31 per share, which is lower than the dividend per share paid by the company of INR 9.23, 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 ACC, compared againt world market average, India companies, Industrials industry and Construction and Materials sector companies.
ACC Dividend History
Below you will find a table with the historical evolution of ACC'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% | 9.23 | 25.31% | 188 |
2022 | 2.38% | 58.11 | 58.31% | 188 |
2021 | 0.63% | 13.96 | 18.27% | 188 |
2020 | 0.87% | 14.07 | 19.14% | 188 |
2019 | 0.97% | 14.02 | 17.26% | 188 |
2018 | 1.72% | 25.94 | 52.46% | 188 |
2017 | 0.97% | 17.06 | 52.49% | 188 |
2016 | 1.27% | 17.05 | 53.60% | 187 |
2015 | 2.23% | 29.98 | 48.18% | 187 |
*In millions
Then you can see the evolution of ACC dividend stock, and compare it with the average of India stocks and that of the Construction and Materials stocks.
ACC Stock performance
Finally, last moth ACC showed a return of -0.60% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -12.80% 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.