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Hero MotoCorp (BOM:500182) Dividend Yield % : 2.16% (As of May. 22, 2024)


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What is Hero MotoCorp Dividend Yield %?

As of today (2024-05-22), the Trailing Annual Dividend Yield of Hero MotoCorp is 2.16%.

Warning Sign:

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

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

BOM:500182' s Dividend Yield % Range Over the Past 10 Years
Min: 1.48   Med: 2.78   Max: 6.13
Current: 2.16

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%.

BOM:500182's Dividend Yield % is ranked worse than
51.49% of 806 companies
in the Vehicles & Parts industry
Industry Median: 2.245 vs BOM:500182: 2.16

Hero MotoCorp's Dividend Payout Ratio for the three months ended in Mar. 2024 was 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.

As of today (2024-05-22), the Forward Dividend Yield % of Hero MotoCorp is 2.26%.

Hero MotoCorp's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Hero MotoCorp'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.

Hero MotoCorp Dividend Yield % Chart

Hero MotoCorp 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 6.08 3.09 3.70 4.26 2.33

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 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 4.26 3.44 3.27 2.42 2.33

Competitive Comparison of Hero MotoCorp's Dividend Yield %

For the Auto Manufacturers subindustry, Hero MotoCorp'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.


Hero MotoCorp's Dividend Yield % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Hero MotoCorp's Dividend Yield % falls into.



Hero MotoCorp Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=150/5047.35
=2.97 %

Current Share Price is ₹5047.35.
Hero MotoCorp's Dividends per Share for the forward twelve months is calculated as ₹75 * 2 = ₹150.

* 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  (BOM:500182) 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.


Hero MotoCorp Dividend Yield % Related Terms

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


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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