Asian Paints (BOM:500820) Dividend Payout Ratio : 0.34 (As of Dec. 2023)

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What is Asian Paints Dividend Payout Ratio?

Asian Paints's dividend payout ratio for the months ended in Dec. 2023 was 0.34.

The historical rank and industry rank for Asian Paints's Dividend Payout Ratio or its related term are showing as below:

BOM:500820' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.41 Max: 0.66
Current: 0.48

During the past 13 years, the highest Dividend Payout Ratio of Asian Paints was 0.66. The lowest was 0.15. And the median was 0.41.

BOM:500820's Dividend Payout Ratio is ranked worse than
60.38% of 906 companies
in the Chemicals industry
Industry Median: 0.39 vs BOM:500820: 0.48

As of today (2024-05-04), the Dividend Yield % of Asian Paints is 0.90%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Asian Paints was 1.19%. The lowest was 0.16%. And the median was 0.70%.

Asian Paints's Dividends per Share for the months ended in Dec. 2023 was ₹5.15.

During the past 12 months, Asian Paints's average Dividends Per Share Growth Rate was 32.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 16.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asian Paints was 53.30% per year. The lowest was -16.40% per year. And the median was 19.30% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Asian Paints Dividend Payout Ratio Historical Data

The historical data trend for Asian Paints's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Asian Paints Dividend Payout Ratio Chart

Asian Paints Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.40

0.66

0.15

0.59

0.48

Asian Paints Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.39	-	1.31	-	0.34

Competitive Comparison of Asian Paints's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Asian Paints's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Asian Paints's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Asian Paints's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Asian Paints's Dividend Payout Ratio falls into.

Asian Paints Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Asian Paints's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	19.9	/	41.726
	=	0.48

Asian Paints's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	5.15	/	15.1
	=	0.34

Asian Paints (BOM:500820) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Asian Paints Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Asian Paints's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Asian Paints (BOM:500820) Business Description

Industry

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ASIANPAINT:India

Address

Asian Paints House, 6A, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055

Website

https://www.asianpaints.com

Asian Paints Ltd manufactures and sells a variety of paint and home improvement products. The firm organizes itself into two segments based on product type. The paints segment, which generates the vast majority of revenue, sells interior and exterior paints, metal finish, and wood finish. The home improvement segment sells kitchen and bathroom products. Asian Paints sells its products to distributors and directly to the home improvement industry through the company's network of retail stores. The majority of revenue comes from India.

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