NTPC Dividend yield

NTPC is part of Electricity business, which is part of Utilities industry. NTPC is a company from India, and his stocks are publicly traded.

NTPC stock dividend

NTPC paid a total dividend of 70,303 million INR last year, for a market value of 2,136,249 millions (Market Cap 1,042,267 millions). NTPC dividend per share is 7.25 INR, and his stock market price 220.30 INR.

According to the chart below, where dividend yield is displayed, NTPC has a dividend yield of 3.29%, which is similar to the amount offered by both the market average and companies from India. However, it is lower than the average of Utilities 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 NTPC stocks dividend with other Electricity companies or other of the highest India dividend stocks list.

NTPC Dividend Payout

About the ability of NTPC to maintain his current dividend of INR 7.25 per share, an amount that accounts for 3.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). NTPC payout on ernings is currently 41.48%, which is higher than the market average, but lower than companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that NTPC should not have problems to continue paying his 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 NTPC is INR 26.23 per share, which is higher than the dividend per share paid by the company of INR 7.25, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of NTPC, compared againt world market average, India companies, Utilities industry and Electricity sector companies.

NTPC Dividend History

Below you will find a table with the historical evolution of NTPC'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	3.29%	7.25	41.48%	9,697
2022	6.10%	10.15	58.54%	9,697
2021	4.94%	6.15	40.54%	9,697
2020	3.17%	3.15	26.63%	9,895
2019	4.61%	5.49	42.89%	9,895
2018	3.44%	5.13	39.92%	8,246
2017	2.70%	4.78	36.74%	8,246
2016	2.05%	3.34	27.02%	8,246
2015	1.91%	2.50	20.63%	8,246

*In millions

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

NTPC Stock performance

Finally, last moth NTPC showed a return of 0.90% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 34.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Electricity firms.