Balkrishna Industries (NSE:BALKRISIND) Dividend Payout Ratio : 0.16 (As of Mar. 2024)

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What is Balkrishna Industries Dividend Payout Ratio?

Balkrishna Industries's dividend payout ratio for the months ended in Mar. 2024 was 0.16.

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

NSE:BALKRISIND' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.2 Max: 0.47
Current: 0.21

During the past 13 years, the highest Dividend Payout Ratio of Balkrishna Industries was 0.47. The lowest was 0.04. And the median was 0.20.

NSE:BALKRISIND's Dividend Payout Ratio is ranked better than
65.6% of 750 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs NSE:BALKRISIND: 0.21

As of today (2024-05-22), the Dividend Yield % of Balkrishna Industries is 0.52%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Balkrishna Industries was 2.84%. The lowest was 0.49%. And the median was 0.80%.

Balkrishna Industries's Dividends per Share for the months ended in Mar. 2024 was ₹4.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 39.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Balkrishna Industries was 100.00% per year. The lowest was -23.70% per year. And the median was 31.40% per year.

The growth rate is calculated with least square regression.

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

Balkrishna Industries Dividend Payout Ratio Historical Data

The historical data trend for Balkrishna Industries'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.

Balkrishna Industries Dividend Payout Ratio Chart

Balkrishna Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.47

0.21

0.24

0.29

0.21

Balkrishna Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.30	0.23	0.22	0.25	0.16

Competitive Comparison of Balkrishna Industries's Dividend Payout Ratio

For the Auto Parts subindustry, Balkrishna Industries'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.

Balkrishna Industries's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkrishna Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Balkrishna Industries's Dividend Payout Ratio falls into.

Balkrishna Industries Dividend Payout Ratio Calculation

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

Balkrishna Industries's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	16	/	76.12
	=	0.21

Balkrishna Industries's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	4	/	25.18
	=	0.16

Balkrishna Industries (NSE:BALKRISIND) 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.

Balkrishna Industries Dividend Payout Ratio Related Terms

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

Balkrishna Industries (NSE:BALKRISIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkrishna Industries Ltd (NSE:BALKRISIND) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

502355:India

Address

Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.bkt-tires.com

Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.

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