HP Adhesives Dividends and Buybacks
Dividend criteria checks 3/6
HP Adhesives is a dividend paying company with a current yield of 0.37% that is well covered by earnings.
Key information
0.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹0.300 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether HPAL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HPAL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| HP Adhesives Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HPAL) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.7% |
| Analyst forecast (HPAL) (up to 3 years) | n/a |
Notable Dividend: HPAL's dividend (0.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: HPAL's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (1.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.4%), HPAL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.2%), HPAL's dividend payments are covered by cash flows.