Havells India Dividend yield




   INR/share 
 Price  1,050.40
 Dividend  7.04
 Earnings  11.00
 Cash-flow  13.95
 Book value  68.65
 Equity  68.32

Havells India is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Havells India is a company from India, and his stocks are publicly traded.

Havells India paid a total dividend of 4,407 million INR last year, for a market value of 657,550 millions (Market Cap 252,290 millions). Dividend per share of Havells India is 7.04 INR, and his stock market price 1,050.40 INR.

According to the chart below, where dividend yield is displayed, Havells India has a dividend yield of 0.67%, 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 Havells India dividend yield with other Electronic and Electrical Equipment companies or firms from India.

Dividend yield of Havells India

Havells India Dividend Payout

About the ability of Havells India to maintain his current dividend of INR 7.04 per share, an amount that accounts for 0.67%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Havells India payout on ernings is currently 64.00%, which is higher than the market average, and companies of Industrials industry, which are 38.17% and 33.06% respectively. Both figures show that Havells India 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 Havells India is INR 13.95 per share, which is higher than the dividend per share paid by the company of INR 7.04, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Havells India, compared againt world market average, India companies, Industrials industry and Electronic and Electrical Equipment sector companies.

Havells India payout

Havells India Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.67%7.0464.00%626
20200.93%8.5277.45%626
20190.70%4.5334.87%626
20180.58%4.0136.65%625
20170.62%3.4943.73%625
20160.87%3.0015.42%624

*In millions

Havells India Stock performance

Finally, last moth Havells India showed a return of -5.00% compared to a worldwide 4.24% average, and a 5.39% of Industrials firms. Over the last year, the company obtained a 118.60% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for India and Electronic and Electrical Equipment firms.

Havells India stock and market return