Airtel dividend payout may be up 114% in FY25: HSBC Securities
Thu, Jan 9, 2025 9:06 AM

Airtel dividend payout may be up 114% in FY25: HSBC Securities

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HSBC Securities said Bharti Airtel's dividend payout is expected to rise by 114% in FY25 to ₹17 per share from last year, driven by improvement in free cash flow and funding requirements at the promoter entity. The brokerage said the dividend per share is estimated to quadruple to ₹34 in three years. It has maintained a 'buy' rating with a ₹1,940 price target, implying a 21.3% upside.

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