Indian Oil Dividend yield

Indian Oil is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Indian Oil is a company from India, and his stocks are publicly traded.

Indian Oil stock dividend

Indian Oil paid a total dividend of 42,363 million INR last year, for a market value of 1,258,181 millions (Market Cap 365,188 millions). Indian Oil dividend per share is 3.00 INR, and his stock market price 89.10 INR.

According to the chart below, where dividend yield is displayed, Indian Oil has a dividend yield of 3.37%, which is similar to the amount offered by both the market average and companies from India. However, it is lower than the average of Oil and Gas industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Indian Oil stocks dividend with other Oil and Gas Producers companies or other of the best India dividend stocks list.

Indian Oil Dividend Payout

About the ability of Indian Oil to maintain his current dividend of INR 3.00 per share, an amount that accounts for 3.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Indian Oil payout on ernings is currently 42.08%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures show that Indian Oil 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 Indian Oil is INR 20.25 per share, which is higher than the dividend per share paid by the company of INR 3.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Indian Oil, compared againt world market average, India companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Indian Oil Dividend History

Below you will find a table with the historical evolution of Indian Oil's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	INR	Paypout	Shares*
Present	3.37%	3.00	42.08%	14,121
2022	10.98%	8.40	46.13%	14,121
2021	15.25%	17.00	73.18%	9,414
2020	7.42%	6.75	0.00%	9,181
2019	7.37%	9.25	49.36%	9,414
2018	13.32%	18.26	79.95%	9,712
2017	5.98%	23.24	56.82%	4,856
2016	2.28%	6.99	29.86%	4,856
2015	1.57%	6.61	31.72%	2,428

*In millions

Then you can see the evolution of Indian Oil dividend stock, and compare it with the average of India stocks and that of the Oil and Gas Producers stocks.

Indian Oil Stock performance

Finally, last moth Indian Oil showed a return of -5.00% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a 24.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Oil and Gas Producers firms.