NMDC Dividend yield

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

NMDC stock dividend

NMDC paid a total dividend of 19,345 million INR last year, for a market value of 360,660 millions (Market Cap 141,356 millions). NMDC dividend per share is 6.60 INR, and his stock market price 123.05 INR.

According to the chart below, where dividend yield is displayed, NMDC has a dividend yield of 5.36%, 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 NMDC stocks dividend with other Mining companies or other of the highest India dividend stocks list.

NMDC Dividend Payout

About the ability of NMDC to maintain his current dividend of INR 6.60 per share, an amount that accounts for 5.36%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NMDC payout on ernings is currently 34.32%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that NMDCcan 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 NMDC is INR 10.09 per share, which is higher than the dividend per share paid by the company of INR 6.60, so the company generates enough cash to maintain his dividend in the future.

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

NMDC Dividend History

Below you will find a table with the historical evolution of NMDC'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	5.36%	6.60	34.32%	2,931
2022	18.29%	22.51	69.52%	2,931
2021	12.58%	16.77	78.00%	2,931
2020	9.45%	10.82	92.64%	3,062
2019	4.28%	5.52	35.96%	3,062
2018	5.47%	5.30	43.23%	3,164
2017	3.74%	5.15	62.42%	3,164
2016	0.00%	0.00	0.00%	3,164
2015	9.00%	8.55	53.14%	3,965

*In millions

Then you can see the evolution of NMDC dividend stock, and compare it with the average of India stocks and that of the Mining stocks.

NMDC Stock performance

Finally, last moth NMDC showed a return of 4.90% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 42.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Mining firms.