MRF Dividend yield

MRF is part of Automobiles and Parts business, which is part of Consumer Goods industry. MRF is a company from India, and his stocks are publicly traded.

MRF stock dividend

MRF paid a total dividend of 696 million INR last year, for a market value of 434,745 millions (Market Cap 293,726 millions). MRF dividend per share is 173.90 INR, and his stock market price 108,686.25 INR.

According to the chart below, where dividend yield is displayed, MRF has a dividend yield of 0.16%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare MRF stocks dividend with other Automobiles and Parts companies or other of the high India dividend stocks list.

MRF Dividend Payout

About the ability of MRF to maintain his current dividend of INR 173.90 per share, an amount that accounts for 0.16%, we should study its payout ratio both on earnings and on cash-flows (see chart below). MRF payout on ernings is currently 9.49%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that MRFcan 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 MRF is INR 6,140.47 per share, which is higher than the dividend per share paid by the company of INR 173.90, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of MRF, compared againt world market average, India companies, Consumer Goods industry and Automobiles and Parts sector companies.

MRF Dividend History

Below you will find a table with the historical evolution of MRF'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	0.16%	173.90	9.49%	4
2022	0.17%	150.51	9.40%	4
2021	0.14%	102.67	3.39%	4
2020	0.13%	98.48	2.93%	4
2019	0.09%	59.70	2.22%	4
2018	0.09%	60.29	2.25%	4
2017	0.08%	57.89	1.65%	4

*In millions

MRF Stock performance

Finally, last moth MRF showed a return of 5.60% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 27.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Automobiles and Parts firms.