Hero MotoCorp (NSE:HEROMOTOCO) Dividend Payout Ratio : 1.61 (As of Mar. 2024)

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What is Hero MotoCorp Dividend Payout Ratio?

Hero MotoCorp's dividend payout ratio for the months ended in Mar. 2024 was 1.61.

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

NSE:HEROMOTOCO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.64 Max: 0.82
Current: 0.57

During the past 13 years, the highest Dividend Payout Ratio of Hero MotoCorp was 0.82. The lowest was 0.45. And the median was 0.64.

NSE:HEROMOTOCO's Dividend Payout Ratio is ranked worse than
79.25% of 742 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs NSE:HEROMOTOCO: 0.57

As of today (2024-05-14), the Dividend Yield % of Hero MotoCorp is 2.25%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hero MotoCorp was 6.13%. The lowest was 1.48%. And the median was 2.78%.

Hero MotoCorp's Dividends per Share for the months ended in Mar. 2024 was ₹75.00.

During the past 12 months, Hero MotoCorp's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hero MotoCorp was 86.30% per year. The lowest was -18.30% per year. And the median was 3.70% per year.

The growth rate is calculated with least square regression.

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

Hero MotoCorp Dividend Payout Ratio Historical Data

The historical data trend for Hero MotoCorp'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.

Hero MotoCorp Dividend Payout Ratio Chart

Hero MotoCorp Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.69

0.70

0.82

0.71

0.57

Hero MotoCorp 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															1.62	-	0.70	-	1.61

Competitive Comparison of Hero MotoCorp's Dividend Payout Ratio

For the Auto Manufacturers subindustry, Hero MotoCorp'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.

Hero MotoCorp's Dividend Payout Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Hero MotoCorp's Dividend Payout Ratio falls into.

Hero MotoCorp Dividend Payout Ratio Calculation

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

Hero MotoCorp'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 )
	=	110	/	192.915
	=	0.57

Hero MotoCorp'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 )
	=	75	/	46.7
	=	1.61

Hero MotoCorp (NSE:HEROMOTOCO) 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.

Hero MotoCorp Dividend Payout Ratio Related Terms

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

Hero MotoCorp (NSE:HEROMOTOCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (NSE:HEROMOTOCO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

500182:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (NSE:HEROMOTOCO) Headlines

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