Ashok Leyland Dividend yield

Ashok Leyland is part of Industrial Engineering business, which is part of Industrials industry. Ashok Leyland is a company from India, and his stocks are publicly traded.

Ashok Leyland stock dividend

Ashok Leyland paid a total dividend of 7,604 million INR last year, for a market value of 539,784 millions (Market Cap 263,359 millions). Ashok Leyland dividend per share is 2.59 INR, and his stock market price 183.85 INR.

According to the chart below, where dividend yield is displayed, Ashok Leyland has a dividend yield of 1.41%, 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 Ashok Leyland stocks dividend with other Industrial Engineering companies or other of the high India dividend stocks list.

Ashok Leyland Dividend Payout

About the ability of Ashok Leyland to maintain his current dividend of INR 2.59 per share, an amount that accounts for 1.41%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Ashok Leyland payout on ernings is currently 51.80%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Ashok Leyland 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 Ashok Leyland is INR -16.27 per share, which is lower than the dividend per share paid by the company of INR 2.59, 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 Ashok Leyland, compared againt world market average, India companies, Industrials industry and Industrial Engineering sector companies.

Ashok Leyland Dividend History

Below you will find a table with the historical evolution of Ashok Leyland'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	1.41%	2.59	51.80%	2,936
2022	0.70%	1.00	0.00%	2,936
2021	0.49%	0.60	0.00%	2,936
2020	3.77%	3.60	216.87%	2,936
2019	3.80%	3.10	41.84%	2,936
2018	2.37%	2.43	38.63%	2,931
2017	1.31%	1.56	27.23%	2,927
2016	1.19%	0.95	23.28%	2,846
2015	0.48%	0.45	0.00%	2,846

*In millions

Then you can see the evolution of Ashok Leyland dividend stock, and compare it with the average of India stocks and that of the Industrial Engineering stocks.

Ashok Leyland Stock performance

Finally, last moth Ashok Leyland showed a return of -0.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 19.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Industrial Engineering firms.