When comparing Whirlpool of India’s dividend to its competitors, it’s essential to look at both the dividend amount and the dividend yield. While the face value of the dividend may be similar across companies, the dividend yield—which accounts for the company’s share price—provides a more accurate picture of the return on investment.
Based on recent data, here’s a comparison of Whirlpool’s dividend against some of its prominent competitors in the Indian home appliances and consumer durables sector:
- Whirlpool of India: The company has consistently paid a final dividend of Rs5.00 per share. Its dividend yield is relatively low, around 0.39%. This suggests that while it provides a steady return, the dividend is a smaller percentage of the current share price compared to some of its peers.
- Voltas Ltd.: As a major player in air conditioners, Voltas’s dividend per share and dividend yield can be a good benchmark. While the per-share amount may fluctuate, Voltas’s dividend yield has been around 0.5%.
- Crompton Greaves Consumer Electricals Ltd.: Crompton Greaves has a history of declaring dividends, and its dividend yield has been around 0.92%. This is a higher yield than Whirlpool’s, indicating a greater return for investors based on the stock price.
- Blue Star Ltd.: Blue Star, another key player in the cooling segment, has a dividend yield of around 0.47%, which is comparable to Whirlpool’s.
- Dixon Technologies (India) Ltd.: Dixon, a contract manufacturer for many appliance brands, has a very low dividend yield, around 0.05%. This is likely due to its high growth focus and reinvestment of profits back into the business, which is a common strategy for rapidly expanding companies.
Based on the information available, here are the details regarding Whirlpool of India’s dividends:
Upcoming Dividend:
- Amount: Rs 5.00 per share
- Ex-Dividend Date: August 29, 2025
- Record Date: August 29, 2025
- Purpose: Final dividend for the financial year ended March 31, 2025
Recent Dividend History:
Whirlpool of India has maintained a consistent dividend payout in recent years, with a final dividend of ₹5.00 per share declared annually.
- 2024: Final dividend of Rs 5.00 per share (Ex-Date: July 26, 2024)
- 2023: Final dividend of Rs 5.00 per share (Ex-Date: August 18, 2023)
- 2022: Final dividend of Rs 5.00 per share (Ex-Date: June 28, 2022)
- 2021: Final dividend of Rs 5.00 per share (Ex-Date: July 29, 2021)
- 2020: Final dividend of Rs 5.00 per share (Ex-Date: August 6, 2020)
It is important to note that while the dividend amount per share has been consistent, the dividend yield (the dividend as a percentage of the share price) will fluctuate with changes in the stock price.