Page Industries Dividend yield




   INR/share 
 Price  30,317.45
 Dividend  248.60
 Earnings  310.31
 Cash-flow  440.02
 Book value  735.86
 Equity  715.00

Page Industries is part of Personal Goods business, which is part of Consumer Goods industry. Page Industries is a company from India, and his stocks are publicly traded.

Page Industries paid a total dividend of 2,735 million INR last year, for a market value of 333,492 millions (Market Cap 167,580 millions). Dividend per share of Page Industries is 248.60 INR, and his stock market price 30,317.45 INR.

According to the chart below, where dividend yield is displayed, Page Industries has a dividend yield of 0.82%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Page Industries dividend yield with other Personal Goods companies or firms from India.

Dividend yield of Page Industries

Page Industries Dividend Payout

About the ability of Page Industries to maintain his current dividend of INR 248.60 per share, an amount that accounts for 0.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Page Industries payout on ernings is currently 80.11%, which is higher than the market average, and companies of Consumer Goods industry, which are 38.16% and 45.22% respectively. Both figures show that Page Industries 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 Page Industries is INR 440.02 per share, which is higher than the dividend per share paid by the company of INR 248.60, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Page Industries, compared againt world market average, India companies, Consumer Goods industry and Personal Goods sector companies.

Page Industries payout

Page Industries Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.82%248.6080.11%11
20200.76%209.8467.64%11
20190.79%184.8151.90%11
20180.60%151.4348.36%11

*In millions

Page Industries Stock performance

Finally, last moth Page Industries showed a return of 8.00% compared to a worldwide 4.25% average, and a 4.48% of Consumer Goods firms. Over the last year, the company obtained a 78.70% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for India and Personal Goods firms.

Page Industries stock and market return