Hero MotoCorp Dividend yield

 Price  2,915.95
 Dividend  100.02
 Earnings  144.35
 Cash-flow  139.52
 Book value  833.13
 Equity  815.54

Hero MotoCorp is part of Automobiles and Parts business, which is part of Consumer Goods industry. Hero MotoCorp is a company from India, and his stocks are publicly traded.

Hero MotoCorp stock dividend

Hero MotoCorp paid a total dividend of 20,004 million INR last year, for a market value of 583,190 millions (Market Cap 380,934 millions). Hero MotoCorp dividend per share is 100.02 INR, and his stock market price 2,915.95 INR.

According to the chart below, where dividend yield is displayed, Hero MotoCorp has a dividend yield of 3.43%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Hero MotoCorp stocks dividend with other Automobiles and Parts companies or other of the highest India dividend stocks list.

Dividend yield of Hero MotoCorp

Hero MotoCorp Dividend Payout

About the ability of Hero MotoCorp to maintain his current dividend of INR 100.02 per share, an amount that accounts for 3.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hero MotoCorp payout on ernings is currently 69.29%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Hero MotoCorp 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 Hero MotoCorp is INR 139.52 per share, which is higher than the dividend per share paid by the company of INR 100.02, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Hero MotoCorp, compared againt world market average, India companies, Consumer Goods industry and Automobiles and Parts sector companies.

Hero MotoCorp payout

Hero MotoCorp Dividend History

Below you will find a table with the historical evolution of Hero MotoCorp'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* 

*In millions

Then you can see the evolution of Hero MotoCorp dividend stock, and compare it with the average of India stocks and that of the Automobiles and Parts stocks.

Hero MotoCorp stock dividend history

Hero MotoCorp Stock performance

Finally, last moth Hero MotoCorp showed a return of -9.00% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 2.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Automobiles and Parts firms.

Hero MotoCorp stock and market return