12-31-2022
| INR/share | |
| Price | 39.75 |
| Dividend | 1.81 |
| Earnings | 3.58 |
| Cash-flow | 5.37 |
| Book value | 36.14 |
| Equity | 33.77 |
NHPC is part of Electricity business, which is part of Utilities industry. NHPC is a company from India, and his stocks are publicly traded.
NHPC paid a total dividend of 18,181 million INR last year, for a market value of 399,289 millions (Market Cap 90,731 millions). Dividend per share of NHPC is 1.81 INR, and his stock market price 39.75 INR.
According to the chart below, where dividend yield is displayed, NHPC has a dividend yield of 4.55%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Utilities 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 NHPC dividend yield with other Electricity companies or firms from India.
NHPC Dividend Payout
About the ability of NHPC to maintain his current dividend of INR 1.81 per share, an amount that accounts for 4.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NHPC payout on ernings is currently 50.56%, which is higher than the market average, but lower than companies of Utilities industry, which are 41.22% and 52.83% respectively. Both figures show that NHPC should not have problems to continue paying his 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 NHPC is INR 5.37 per share, which is higher than the dividend per share paid by the company of INR 1.81, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of NHPC, compared againt world market average, India companies, Utilities industry and Electricity sector companies.
NHPC Dividend History
| Year | Yield | INR | Paypout | Shares* |
| Present | 4.55% | 1.81 | 50.56% | 10,045 |
| 2021 | 5.17% | 1.60 | 48.05% | 10,045 |
| 2020 | 6.62% | 1.50 | 51.02% | 10,045 |
| 2019 | 6.10% | 1.46 | 54.89% | 10,045 |
| 2018 | 5.38% | 1.40 | 56.00% | 10,259 |
| 2017 | 5.51% | 1.80 | 59.60% | 10,259 |
| 2016 | 5.35% | 1.50 | 58.82% | 11,071 |
| 2015 | 3.13% | 0.60 | 25.42% | 11,071 |
*In millions
NHPC Stock performance
Finally, last moth NHPC showed a return of -5.50% compared to a worldwide -2.30% average, and a -0.70% of Utilities firms. Over the last year, the company obtained a 28.40% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Electricity firms.
