Hindustan Petroleum Dividend
Dividend criteria checks 5/6
Hindustan Petroleum is a dividend paying company with a current yield of 5.66% that is well covered by earnings. Next payment date is on 22nd September, 2024 with an ex-dividend date of 9th August, 2024.
Key information
5.7%
Dividend yield
28%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 22 Sep 24 |
| Ex dividend date | 09 Aug 24 |
| Dividend per share | ₹22.000 |
| Earnings per share | ₹46.45 |
| Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Earnings Miss: Hindustan Petroleum Corporation Limited Missed EPS By 62% And Analysts Are Revising Their Forecasts
Aug 01
The Market Doesn't Like What It Sees From Hindustan Petroleum Corporation Limited's (NSE:HINDPETRO) Revenues Yet
Jul 24A Look Into Hindustan Petroleum's (NSE:HINDPETRO) Impressive Returns On Capital
Jul 05Does Hindustan Petroleum (NSE:HINDPETRO) Have A Healthy Balance Sheet?
May 11A Look Into Hindustan Petroleum's (NSE:HINDPETRO) Impressive Returns On Capital
Apr 02Are Hindustan Petroleum Corporation Limited (NSE:HINDPETRO) Investors Paying Above The Intrinsic Value?
Feb 23Hindustan Petroleum Corporation Limited (NSE:HINDPETRO) Stock Catapults 28% Though Its Price And Business Still Lag The Industry
Feb 07There's No Escaping Hindustan Petroleum Corporation Limited's (NSE:HINDPETRO) Muted Revenues
Dec 24Here's Why Hindustan Petroleum (NSE:HINDPETRO) Has A Meaningful Debt Burden
Nov 18Hindustan Petroleum Corporation Limited's (NSE:HINDPETRO) Intrinsic Value Is Potentially 26% Below Its Share Price
Sep 11Hindustan Petroleum (NSE:HINDPETRO) Might Be Having Difficulty Using Its Capital Effectively
Aug 21Is Hindustan Petroleum (NSE:HINDPETRO) Using Too Much Debt?
May 22Is Hindustan Petroleum (NSE:HINDPETRO) Using Too Much Debt?
Jul 30Here's What's Concerning About Hindustan Petroleum's (NSE:HINDPETRO) Returns On Capital
Jun 12Hindustan Petroleum Corporation Limited (NSE:HINDPETRO) Shares Could Be 32% Above Their Intrinsic Value Estimate
May 16Here's Why I Think Hindustan Petroleum (NSE:HINDPETRO) Is An Interesting Stock
Apr 28Returns On Capital Signal Tricky Times Ahead For Hindustan Petroleum (NSE:HINDPETRO)
Feb 21I Ran A Stock Scan For Earnings Growth And Hindustan Petroleum (NSE:HINDPETRO) Passed With Ease
Jan 22Hindustan Petroleum (NSE:HINDPETRO) Will Be Hoping To Turn Its Returns On Capital Around
Nov 13Is Now The Time To Put Hindustan Petroleum (NSE:HINDPETRO) On Your Watchlist?
Oct 05Broker Revenue Forecasts For Hindustan Petroleum Corporation Limited (NSE:HINDPETRO) Are Surging Higher
Aug 09Hindustan Petroleum's (NSE:HINDPETRO) Returns On Capital Are Heading Higher
Aug 01Hindustan Petroleum's (NSE:HINDPETRO) Dividend Will Be Increased To ₹22.75
Jun 26Hindustan Petroleum (NSE:HINDPETRO) Takes On Some Risk With Its Use Of Debt
Jun 24Here's Why We Think Hindustan Petroleum (NSE:HINDPETRO) Is Well Worth Watching
Jun 09Growth Investors: Industry Analysts Just Upgraded Their Hindustan Petroleum Corporation Limited (NSE:HINDPETRO) Revenue Forecasts By 13%
May 25Hindustan Petroleum Corporation Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 23Here's What You Should Know About Hindustan Petroleum Corporation Limited's (NSE:HINDPETRO) 4.2% Dividend Yield
May 03Returns On Capital - An Important Metric For Hindustan Petroleum (NSE:HINDPETRO)
Mar 20Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HINDPETRO's dividend payments have been volatile in the past 10 years.
Growing Dividend: HINDPETRO's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hindustan Petroleum Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HINDPETRO) | 5.7% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Oil and Gas) | 2.3% |
| Analyst forecast in 3 Years (HINDPETRO) | 4.6% |
Notable Dividend: HINDPETRO's dividend (5.66%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: HINDPETRO's dividend (5.66%) is in the top 25% of dividend payers in the Indian market (1.07%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.9%), HINDPETRO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34%), HINDPETRO's dividend payments are well covered by cash flows.