Hindprakash Industries Dividend
Dividend criteria checks 3/6
Hindprakash Industries is a dividend paying company with a current yield of 0.33% that is well covered by earnings. Next payment date is on 14th October, 2024 with an ex-dividend date of 6th September, 2024.
Key information
0.3%
Dividend yield
34%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | 14 Oct 24 |
| Ex dividend date | 06 Sep 24 |
| Dividend per share | ₹0.500 |
| Earnings per share | ₹1.09 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Revenues Not Telling The Story For Hindprakash Industries Limited (NSE:HPIL) After Shares Rise 34%
Jul 05
Hindprakash Industries Limited's (NSE:HPIL) 26% Share Price Surge Not Quite Adding Up
Apr 16With EPS Growth And More, Hindprakash Industries (NSE:HPIL) Makes An Interesting Case
Mar 13Optimistic Investors Push Hindprakash Industries Limited (NSE:HPIL) Shares Up 28% But Growth Is Lacking
Jan 26A Look At The Intrinsic Value Of Hindprakash Industries Limited (NSE:HPIL)
Jan 13Does Hindprakash Industries (NSE:HPIL) Deserve A Spot On Your Watchlist?
Oct 27Hindprakash Industries' (NSE:HPIL) Dividend Is Being Reduced To ₹0.50
Sep 14These 4 Measures Indicate That Hindprakash Industries (NSE:HPIL) Is Using Debt Reasonably Well
Jun 10Is Hindprakash Industries (NSE:HPIL) A Risky Investment?
Dec 01Hindprakash Industries (NSE:HPIL) Is Paying Out A Dividend Of ₹1.00
Aug 28Calculating The Fair Value Of Hindprakash Industries Limited (NSE:HPIL)
Jun 04Hindprakash Industries (NSE:HPIL) Takes On Some Risk With Its Use Of Debt
Mar 23What To Know Before Buying Hindprakash Industries Limited (NSE:HPIL) For Its Dividend
Feb 16Hindprakash Industries Limited's (NSE:HPIL) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 12
Hindprakash Industries (NSE:HPIL) Takes On Some Risk With Its Use Of Debt
Nov 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HPIL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HPIL 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 (HPIL) | 0.3% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Chemicals) | 0.6% |
| Analyst forecast in 3 Years (HPIL) | n/a |
Notable Dividend: HPIL's dividend (0.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: HPIL's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (1.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.3%), HPIL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.6%), HPIL's dividend payments are well covered by cash flows.