Pidilite Industries Dividend yield




   INR/share 
 Price  1,809.40
 Dividend  13.57
 Earnings  22.37
 Cash-flow  25.17
 Book value  87.83
 Equity  84.73

Pidilite Industries is part of Chemicals business, which is part of Basic Materials industry. Pidilite Industries is a company from India, and his stocks are publicly traded.

Pidilite Industries paid a total dividend of 6,894 million INR last year, for a market value of 919,175 millions (Market Cap 261,404 millions). Dividend per share of Pidilite Industries is 13.57 INR, and his stock market price 1,809.40 INR.

According to the chart below, where dividend yield is displayed, Pidilite Industries has a dividend yield of 0.75%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Pidilite Industries dividend yield with other Chemicals companies or firms from India.

Dividend yield of Pidilite Industries

Pidilite Industries Dividend Payout

About the ability of Pidilite Industries to maintain his current dividend of INR 13.57 per share, an amount that accounts for 0.75%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Pidilite Industries payout on ernings is currently 60.66%, which is higher than the market average, and companies of Basic Materials industry, which are 38.16% and 48.78% respectively. Both figures show that Pidilite 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 Pidilite Industries is INR 25.17 per share, which is higher than the dividend per share paid by the company of INR 13.57, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Pidilite Industries, compared againt world market average, India companies, Basic Materials industry and Chemicals sector companies.

Pidilite Industries payout

Pidilite Industries Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.75%13.5760.66%508
20200.76%13.4259.96%508
20190.47%6.5235.02%508
20180.54%5.9830.87%508
20170.53%4.7827.92%513
20160.65%4.1626.82%513
20150.52%2.9027.65%513

*In millions

Pidilite Industries Stock performance

Finally, last moth Pidilite Industries showed a return of 7.30% compared to a worldwide 4.25% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 33.40% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for India and Chemicals firms.

Pidilite Industries stock and market return