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Hindcon Chemicals (NSE:HINDCON) Dividend Payout Ratio : 0.44 (As of Sep. 2023)


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What is Hindcon Chemicals Dividend Payout Ratio?

Hindcon Chemicals's dividend payout ratio for the months ended in Sep. 2023 was 0.44.

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

NSE:HINDCON' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.14   Max: 0.17
Current: 0.08


During the past 11 years, the highest Dividend Payout Ratio of Hindcon Chemicals was 0.17. The lowest was 0.08. And the median was 0.14.

NSE:HINDCON's Dividend Payout Ratio is ranked better than
94.47% of 904 companies
in the Chemicals industry
Industry Median: 0.39 vs NSE:HINDCON: 0.08

As of today (2024-05-27), the Dividend Yield % of Hindcon Chemicals is 0.19%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Hindcon Chemicals was 26.67%. The lowest was 0.16%. And the median was 1.40%.

Hindcon Chemicals's Dividends per Share for the months ended in Sep. 2023 was ₹0.10.

During the past 12 months, Hindcon Chemicals's average Dividends Per Share Growth Rate was 20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Hindcon Chemicals was 5.30% per year. The lowest was 5.30% per year. And the median was 5.30% per year.

The growth rate is calculated with least square regression.

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


Hindcon Chemicals Dividend Payout Ratio Historical Data

The historical data trend for Hindcon Chemicals'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.

Hindcon Chemicals Dividend Payout Ratio Chart

Hindcon Chemicals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.14 0.14 0.17 0.10

Hindcon Chemicals Quarterly Data
Mar16 Mar17 Sep17 Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.33 - - 0.44

Competitive Comparison of Hindcon Chemicals's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Hindcon Chemicals'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.


Hindcon Chemicals's Dividend Payout Ratio Distribution in the Chemicals Industry

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

* The bar in red indicates where Hindcon Chemicals's Dividend Payout Ratio falls into.



Hindcon Chemicals Dividend Payout Ratio Calculation

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

Hindcon Chemicals'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 )
=0.14/ 1.377
=0.10

Hindcon Chemicals's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.1/ 0.228
=0.44

* 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.


Hindcon Chemicals (NSE:HINDCON) 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.


Hindcon Chemicals Dividend Payout Ratio Related Terms

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


Hindcon Chemicals (NSE:HINDCON) Business Description

Traded in Other Exchanges
N/A
Address
Vashudha, 62/B, Braunfeld Row, 1st Floor, Kolkata, WB, IND, 700027
Hindcon Chemicals Ltd is a manufacturer of chemicals for the construction industry. It is engaged in a single segment of Manufacturing of Sodium Silicate, Construction Chemicals, and allied activities. The company's product portfolio includes Water Proofing Compounds, Concrete and Mortar Admixtures, Concreting Aids, Sodium Silicate, Protective and Waterproofing Coating / Sheeting, Grouts and Repairing Mortars, Shot Crete Aids, Floor Toppings, Sealants, Tile Adhesives, Epoxy Grout and mortar, Foundry Aid, Coating / Impregnation, Remover / Cleaning Compounds, and Expansion and Contraction Joint System among others. It earns the majority of its revenue from India.

Hindcon Chemicals (NSE:HINDCON) Headlines

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