Britannia Industries Limited

NSEI:BRITANNIA Stock Report

Mkt Cap: ₹1.1t

Britannia Industries Dividend

What is Britannia Industries's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.22%

Current Dividend Yield

Dividend Yield vs Market

Britannia Industries Dividend Yield vs Market
How does BRITANNIA dividend yield compare to the market?
SegmentDividend Yield
Company (BRITANNIA)1.2%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Food)1.1%
Analyst forecast in 3 Years (BRITANNIA)1.4%

Notable Dividend: BRITANNIA's dividend (1.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.38%).

High Dividend: BRITANNIA's dividend (1.22%) is low compared to the top 25% of dividend payers in the Indian market (1.63%).


Stability and Growth of Payments

How stable has Britannia Industries's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
3/31/202572.2626
3/31/202464.7329
3/31/202358.2727
2/3/202356.51.22
7/29/202256.51.41
4/2/20211454.07
2/5/20211664.8
8/17/20201664.55
6/13/2020350.95
6/2/2020351.02
2/7/2020351.2
5/1/2019150.52
5/15/201812.50.41
5/25/2017110.49
5/20/2016100.64
5/21/201580.56
5/27/201460.81
5/24/20134.251.05
7/11/20124.941.98
5/28/20124.251.62

Stable Dividend: BRITANNIA's dividend payments have been volatile in the past 10 years.

Growing Dividend: BRITANNIA's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (89.3%), BRITANNIA's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (153.9%), BRITANNIA's dividend payments are not well covered by cash flows.


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