Hindprakash Industries Dividends and Buybacks
Dividend criteria checks 2/6
Hindprakash Industries is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
-3.8%
Buyback Yield
| Total Shareholder Yield | -3.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | -43.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.500 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 543645 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 543645 has only been paying a dividend for 4 years, and since then payments have fallen.
Dividend Yield vs Market
| Hindprakash Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (543645) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (543645) (up to 3 years) | n/a |
Notable Dividend: 543645's dividend (0.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 543645's dividend (0.36%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), 543645's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 543645 is paying a dividend but the company has no free cash flows.