Grasim Industries Dividend yield




   INR/share 
 Price  1,450.55
 Dividend  4.06
 Earnings  41.68
 Cash-flow  226.65
 Book value  853.26
 Equity  850.61

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

Grasim Industries paid a total dividend of 2,663 million INR last year, for a market value of 951,561 millions (Market Cap 533,351 millions). Dividend per share of Grasim Industries is 4.06 INR, and his stock market price 1,450.55 INR.

According to the chart below, where dividend yield is displayed, Grasim Industries has a dividend yield of 0.28%, 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 Grasim Industries dividend yield with other Construction and Materials companies or firms from India.

Dividend yield of Grasim Industries

Grasim Industries Dividend Payout

About the ability of Grasim Industries to maintain his current dividend of INR 4.06 per share, an amount that accounts for 0.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Grasim Industries payout on ernings is currently 9.74%, which is lower than the market average and companies of Industrials industry, which are 38.16% and 33.11% respectively. Both figures lead us to believe that there is confidence that Grasim 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 Grasim Industries is INR 226.65 per share, which is higher than the dividend per share paid by the company of INR 4.06, so the company generates enough cash to maintain his dividend in the future.

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

Grasim Industries payout

Grasim Industries Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.28%4.069.74%656
20200.43%3.999.55%656
20190.94%6.9919.84%656
20180.75%6.1913.57%657
20170.47%5.4811.23%657
20150.48%17.969.31%92

*In millions

Grasim Industries Stock performance

Finally, last moth Grasim Industries showed a return of 20.80% compared to a worldwide 4.25% average, and a 5.41% of Industrials firms. Over the last year, the company obtained a 204.70% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for India and Construction and Materials firms.

Grasim Industries stock and market return