08-31-2023
| INR/share | |
| Price | 491.80 |
| Dividend | 3.98 |
| Earnings | 15.04 |
| Cash-flow | 31.53 |
| Book value | 136.61 |
| Equity | 148.91 |
Aarti Industries is part of Chemicals business, which is part of Basic Materials industry. Aarti Industries is a company from India, and his stocks are publicly traded.
Aarti Industries stock dividend
Aarti Industries paid a total dividend of 1,445 million INR last year, for a market value of 178,523 millions (Market Cap 97,655 millions). Aarti Industries dividend per share is 3.98 INR, and his stock market price 491.80 INR.
According to the chart below, where dividend yield is displayed, Aarti Industries has a dividend yield of 0.81%, 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 Aarti Industries stocks dividend with other Chemicals companies or other of the high India dividend stocks list.
Aarti Industries Dividend Payout
About the ability of Aarti Industries to maintain his current dividend of INR 3.98 per share, an amount that accounts for 0.81%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Aarti Industries payout on ernings is currently 26.46%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Aarti Industriescan 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 Aarti Industries is INR 31.53 per share, which is higher than the dividend per share paid by the company of INR 3.98, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Aarti Industries, compared againt world market average, India companies, Basic Materials industry and Chemicals sector companies.
Aarti Industries Stock performance
Finally, last moth Aarti Industries showed a return of 5.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -29.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Chemicals firms.
