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Hero MotoCorp (BOM:500182) 3-Year Dividend Growth Rate : 6.90% (As of Mar. 2024)


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What is Hero MotoCorp 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Hero MotoCorp's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:500182' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -18.3   Med: 3.7   Max: 86.3
Current: 6.9

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.

BOM:500182's 3-Year Dividend Growth Rate is ranked worse than
60.23% of 523 companies
in the Vehicles & Parts industry
Industry Median: 12.3 vs BOM:500182: 6.90

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Hero MotoCorp's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.61. As of today, Hero MotoCorp's Dividend Yield % is 2.16%.

Warning Sign:

Hero MotoCorp Ltd stock dividend yield is close to 5-year low.

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


Competitive Comparison of Hero MotoCorp's 3-Year Dividend Growth Rate

For the Auto Manufacturers subindustry, Hero MotoCorp's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hero MotoCorp's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Hero MotoCorp's 3-Year Dividend Growth Rate falls into.



Hero MotoCorp 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Hero MotoCorp  (BOM:500182) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

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.

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

Hero MotoCorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 75.0000002024-02-212024-02-212024-02-28Cash Dividendsemi-annuallyINR:INR 1.000000
INR 35.0000002023-07-272023-07-282023-08-17Cash 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.

Hero MotoCorp's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=110/5047.35
=2.18 %

Current Share Price is ₹5047.35.
Hero MotoCorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹110.

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

Warning Sign:

Hero MotoCorp Ltd stock dividend yield is close to 5-year low.

* 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.


Hero MotoCorp 3-Year Dividend Growth Rate Related Terms>


Hero MotoCorp (BOM:500182) Business Description

Traded in Other Exchanges
Address
Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070
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 (BOM:500182) Headlines

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