Coal India Dividend yield

Coal India is part of Mining business, which is part of Basic Materials industry. Coal India is a company from India, and his stocks are publicly traded.

Coal India paid a total dividend of 120,179 million INR last year, for a market value of 834,778 millions (Market Cap 226,257 millions). Dividend per share of Coal India is 19.50 INR, and his stock market price 135.45 INR.

According to the chart below, where dividend yield is displayed, Coal India has a dividend yield of 14.40%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Coal India dividend yield with other Mining companies or firms from India.

Coal India Dividend Payout

About the ability of Coal India to maintain his current dividend of INR 19.50 per share, an amount that accounts for 14.40%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coal India payout on ernings is currently 71.98%, which is higher than the market average, and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures show that Coal India can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Coal India is INR 12.20 per share, which is lower than the dividend per share paid by the company of INR 19.50, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Coal India, compared againt world market average, India companies, Basic Materials industry and Mining sector companies.

Coal India Dividend History

Year	Yield	INR	Paypout	Shares*
Present	14.40%	19.50	71.98%	6,163
2019	6.20%	13.10	46.49%	6,163
2018	9.87%	23.76	210.27%	6,207
2017	7.57%	19.91	133.27%	6,207
2016	8.88%	27.40	120.76%	6,316
2015	0.00%	0.00	0.00%	6,316

*In millions

Coal India Stock performance

Finally, last moth Coal India showed a return of 7.90% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a -35.90% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for India and Mining firms.