HDFC Life Insurance Dividend
Dividend criteria checks 3/6
HDFC Life Insurance is a dividend paying company with a current yield of 0.34% 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
HDFC Life Insurance's (NSE:HDFCLIFE) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 25
HDFC Life Insurance Company Limited Just Beat Revenue Estimates By 12%
Apr 21Some Confidence Is Lacking In HDFC Life Insurance Company Limited's (NSE:HDFCLIFE) P/S
Feb 22Here's Why We Think HDFC Life Insurance (NSE:HDFCLIFE) Is Well Worth Watching
Jan 29This Insider Has Just Sold Shares In HDFC Life Insurance Company Limited (NSE:HDFCLIFE)
Mar 12Need To Know: HDFC Life Insurance Company Limited (NSE:HDFCLIFE) Insiders Have Been Selling Shares
Feb 20HDFC Life Insurance Company Limited Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Jan 25
What Is The Ownership Structure Like For HDFC Life Insurance Company Limited (NSE:HDFCLIFE)?
Jan 04Did HDFC Life Insurance Company Limited (NSE:HDFCLIFE) Insiders Sell Shares?
Nov 12Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HDFCLIFE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HDFCLIFE'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HDFCLIFE) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Insurance) | 0.7% |
| Analyst forecast in 3 Years (HDFCLIFE) | 0.6% |
Notable Dividend: HDFCLIFE's dividend (0.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: HDFCLIFE's dividend (0.34%) is low compared to the top 25% of dividend payers in the Indian market (1.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.3%), HDFCLIFE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.1%), HDFCLIFE's dividend payments are thoroughly covered by cash flows.