HeidelbergCement India Dividend
Dividend criteria checks 3/6
HeidelbergCement India is a dividend paying company with a current yield of 3.5%.
Key information
3.5%
Dividend yield
160%
Payout ratio
Industry average yield | 0.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹6.82 |
Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500292 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 500292's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
HeidelbergCement India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500292) | 3.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Basic Materials) | 0.4% |
Analyst forecast in 3 Years (500292) | 4.0% |
Notable Dividend: 500292's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 500292's dividend (3.5%) is in the top 25% of dividend payers in the Indian market (1.22%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (159.9%), 500292's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.1%), 500292's dividend payments are well covered by cash flows.