HDFC Life Insurance is a dividend paying company with a current yield of 0.35% that is well covered by earnings. Next payment date is on 14th August, 2024 with an ex-dividend date of 21st June, 2024.
Key information
0.3%
Dividend yield
27%
Payout ratio
Industry average yield
0.7%
Next dividend pay date
14 Aug 24
Ex dividend date
21 Jun 24
Dividend per share
n/a
Earnings per share
₹7.32
Dividend yield forecast in 3Y
0.6%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 540777 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 540777's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
HDFC Life Insurance Dividend Yield vs Market
How does 540777 dividend yield compare to the market?
Segment
Dividend Yield
Company (540777)
0.3%
Market Bottom 25% (IN)
0.3%
Market Top 25% (IN)
1.2%
Industry Average (Insurance)
0.7%
Analyst forecast in 3 Years (540777)
0.6%
Notable Dividend: 540777's dividend (0.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: 540777's dividend (0.35%) is low compared to the top 25% of dividend payers in the Indian market (1.23%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), 540777's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.1%), 540777's dividend payments are thoroughly covered by cash flows.