Havells India Dividend
What is Havells India current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Havells India Dividend Yield vs Market|
|Market Bottom 25% (IN)||0.4%|
|Market Top 25% (IN)||1.6%|
|Industry Average (Electrical)||0.6%|
|Analyst forecast in 3 Years (HAVELLS)||0.8%|
Notable Dividend: HAVELLS's dividend (0.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: HAVELLS's dividend (0.6%) is low compared to the top 25% of dividend payers in the Indian market (1.56%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: HAVELLS's dividend payments have been volatile in the past 10 years.
Growing Dividend: HAVELLS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.9%), HAVELLS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.5%), HAVELLS's dividend payments are well covered by cash flows.