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Asian Paints (BOM:500820) Dividend Yield % : 1.36% (As of Dec. 11, 2024)


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What is Asian Paints Dividend Yield %?

As of today (2024-12-11), the Trailing Annual Dividend Yield of Asian Paints is 1.36%.

Good Sign:

Asian Paints Ltd stock dividend yield is close to 10-year high.

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

BOM:500820' s Dividend Yield % Range Over the Past 10 Years
Min: 0.16   Med: 0.68   Max: 1.4
Current: 1.36

During the past 13 years, the highest Dividend Yield of Asian Paints was 1.40%. The lowest was 0.16%. And the median was 0.68%.

BOM:500820's Dividend Yield % is ranked worse than
57.61% of 1064 companies
in the Chemicals industry
Industry Median: 1.75 vs BOM:500820: 1.36

Asian Paints's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Asian Paints Ltd is 0.71, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Asian Paints was 0.71. The lowest was 0.15. And the median was 0.41.

As of today (2024-12-11), the Forward Dividend Yield % of Asian Paints is 1.36%.

Asian Paints's Dividends per Share for the three months ended in Sep. 2024 was ₹0.00.

During the past 12 months, Asian Paints's average Dividends Per Share Growth Rate was 29.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 75.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 22.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asian Paints was 75.90% per year. The lowest was -16.40% per year. And the median was 20.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Asian Paints Dividend Yield % Historical Data

The historical data trend for Asian Paints's Dividend Yield % 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 Yield % Chart

Asian Paints Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.19 0.59 0.72 0.93

Asian Paints Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % 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 0.81 0.78 0.93 1.14 1.00

Competitive Comparison of Asian Paints's Dividend Yield %

For the Specialty Chemicals subindustry, Asian Paints's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Chemicals Industry

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

* The bar in red indicates where Asian Paints's Dividend Yield % falls into.



Asian Paints Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Asian Paints Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 4.2500002024-11-192024-11-192024-11-28Cash Dividendsemi-annuallyINR:INR 1.000000
INR 28.1500002024-06-112024-06-112024-06-27Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Asian Paints's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=32.4/2389.80
=1.36 %

Current Share Price is ₹2389.80.
Asian Paints's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹32.4.

Asian Paints's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=8.5/2389.80
=0.36 %

Current Share Price is ₹2389.80.
Asian Paints's Dividends per Share for the forward twelve months is calculated as ₹4.25 * 2 = ₹8.5.

* 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.


Asian Paints  (BOM:500820) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Asian Paints Dividend Yield % Related Terms

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


Asian Paints Business Description

Traded in Other Exchanges
Address
Asian Paints House, 6A, Shantinagar, Santacruz (East), Mumbai, MH, IND, 400 055
Asian Paints Ltd manufactures and sells a variety of paint and home improvement products. The firm operates itself as a Paints and Home Decor company which sells interior and exterior paints, metal finish, and wood finish. The home improvement product offerings include 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.

Asian Paints Headlines

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