Hind. Zinc-B1 Dividend yield

 Price  318.15
 Dividend  61.50
 Earnings  24.29
 Cash-flow  38.33
 Book value  30.59
 Equity  55.84

Hind. Zinc-B1 is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Hind. Zinc-B1 is a company from India, and his stocks are publicly traded.

Hind. Zinc-B1 stock dividend

Hind. Zinc-B1 paid a total dividend of 259,838 million INR last year, for a market value of 1,344,184 millions (Market Cap 73,874 millions). Hind. Zinc-B1 dividend per share is 61.50 INR, and his stock market price 318.15 INR.

According to the chart below, where dividend yield is displayed, Hind. Zinc-B1 has a dividend yield of 19.33%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Basic Materials 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 Hind. Zinc-B1 stocks dividend with other Industrial Metals and Mining companies or other of the highest India dividend stocks list.

Dividend yield of Hind. Zinc-B1

Hind. Zinc-B1 Dividend Payout

About the ability of Hind. Zinc-B1 to maintain his current dividend of INR 61.50 per share, an amount that accounts for 19.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Hind. Zinc-B1 payout on ernings is currently 253.19%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Hind. Zinc-B1 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 Hind. Zinc-B1 is INR 38.33 per share, which is lower than the dividend per share paid by the company of INR 61.50, 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 Hind. Zinc-B1, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Hind. Zinc-B1 payout

Hind. Zinc-B1 Dividend History

Below you will find a table with the historical evolution of Hind. Zinc-B1'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 Hind. Zinc-B1 dividend stock, and compare it with the average of India stocks and that of the Industrial Metals and Mining stocks.

Hind. Zinc-B1 stock dividend history

Hind. Zinc-B1 Stock performance

Finally, last moth Hind. Zinc-B1 showed a return of -1.20% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 11.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.

Hind. Zinc-B1 stock and market return