Housing Development Dividend yield




   INR/share 
 Price  2,498.10
 Dividend  20.98
 Earnings  120.10
 Cash-flow  -150.49
 Book value  693.92
 Equity  659.89

Housing Development is part of Financial Services business, which is part of Financials industry. Housing Development is a company from India, and his stocks are publicly traded.

Housing Development paid a total dividend of 37,533 million INR last year, for a market value of 4,469,101 millions (Market Cap 4,320,345 millions). Dividend per share of Housing Development is 20.98 INR, and his stock market price 2,498.10 INR.

According to the chart below, where dividend yield is displayed, Housing Development has a dividend yield of 0.84%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Housing Development dividend yield with other Financial Services companies or firms from India.

Dividend yield of Housing Development

Housing Development Dividend Payout

About the ability of Housing Development to maintain his current dividend of INR 20.98 per share, an amount that accounts for 0.84%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Housing Development payout on ernings is currently 17.47%, which is lower than the market average and companies of Financials industry, which are 38.17% and 41.32% respectively. Both figures lead us to believe that there is confidence that Housing Developmentcan 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 Housing Development is INR -150.49 per share, which is lower than the dividend per share paid by the company of INR 20.98, 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 Housing Development, compared againt world market average, India companies, Financials industry and Financial Services sector companies.

Housing Development payout

Housing Development Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.84%20.9817.47%1,789
20200.82%20.9817.47%1,789
20190.87%20.9922.19%1,721
20181.02%20.0821.42%1,718
20171.05%17.9626.04%1,589
20161.35%17.0526.59%1,576
20151.24%15.0227.03%1,576

*In millions

Housing Development Stock performance

Finally, last moth Housing Development showed a return of -1.60% compared to a worldwide 4.24% average, and a 4.05% of Financials firms. Over the last year, the company obtained a 53.00% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for India and Financial Services firms.

Housing Development stock and market return