Housing Development Finance Dividend
Dividend criteria checks 5/6
Housing Development Finance is a dividend paying company with a current yield of 1.61% that is well covered by earnings.
Key information
1.6%
Dividend yield
31%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹141.30 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500010's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500010's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Housing Development Finance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500010) | 1.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Diversified Financial) | 1.3% |
| Analyst forecast in 3 Years (500010) | 1.6% |
Notable Dividend: 500010's dividend (1.61%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: 500010's dividend (1.61%) is in the top 25% of dividend payers in the Indian market (1.24%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.6%), 500010's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500010's dividends in 3 years are forecast to be well covered by earnings (34.7% payout ratio).