Coromandel Internati Dividend yield

 Price  814.60
 Dividend  11.97
 Earnings  36.37
 Cash-flow  56.57
 Book value  148.11
 Equity  130.83

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

Coromandel Internati paid a total dividend of 3,507 million INR last year, for a market value of 238,678 millions (Market Cap 72,893 millions). Dividend per share of Coromandel Internati is 11.97 INR, and his stock market price 814.60 INR.

According to the chart below, where dividend yield is displayed, Coromandel Internati has a dividend yield of 1.47%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Coromandel Internati dividend yield with other Chemicals companies or firms from India.

Dividend yield of Coromandel Internati

Coromandel Internati Dividend Payout

About the ability of Coromandel Internati to maintain his current dividend of INR 11.97 per share, an amount that accounts for 1.47%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coromandel Internati payout on ernings is currently 32.91%, which is lower than the market average and companies of Basic Materials industry, which are 38.57% and 42.15% respectively. Both figures lead us to believe that there is confidence that Coromandel Internatican maintain his current dividend.

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 Coromandel Internati is INR 56.57 per share, which is higher than the dividend per share paid by the company of INR 11.97, so the company generates enough cash to maintain his dividend in the future.

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

Coromandel Internati payout

Coromandel Internati Dividend History

No data available

Coromandel Internati Stock performance

Finally, last moth Coromandel Internati showed a return of -1.70% compared to a worldwide 3.99% average, and a 8.08% of Basic Materials firms. Over the last year, the company obtained a 53.10% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for India and Chemicals firms.

Coromandel Internati stock and market return