Oil India Ltd Dividend yield




   INR/share 
 Price  107.40
 Dividend  10.60
 Earnings  35.80
 Cash-flow  53.70
 Book value  268.50
 Equity  269.17

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

Oil India Ltd paid a total dividend of 11,490 million INR last year, for a market value of 116,422 millions (Market Cap 31,774 millions). Dividend per share of Oil India Ltd is 10.60 INR, and his stock market price 107.40 INR.

According to the chart below, where dividend yield is displayed, Oil India Ltd has a dividend yield of 9.87%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Oil and Gas 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 Oil India Ltd dividend yield with other Oil and Gas Producers companies or firms from India.

Dividend yield of Oil India Ltd

Oil India Ltd Dividend Payout

About the ability of Oil India Ltd to maintain his current dividend of INR 10.60 per share, an amount that accounts for 9.87%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Oil India Ltd payout on ernings is currently 29.61%, which is lower than the market average and companies of Oil and Gas industry, which are 38.57% and 45.97% respectively. Both figures lead us to believe that there is confidence that Oil India Ltdcan 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 Oil India Ltd is INR 53.70 per share, which is higher than the dividend per share paid by the company of INR 10.60, so the company generates enough cash to maintain his dividend in the future.

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

Oil India Ltd payout

Oil India Ltd Dividend History

Year Yield  INR  Paypout  Shares* 
Present9.87%10.6029.61%1,084
20196.70%10.2534.16%1,084
20185.91%10.3342.55%1,135
20173.84%14.2766.84%757
20163.82%16.0247.75%601
20155.43%20.5047.25%601

*In millions

Oil India Ltd Stock performance

Finally, last moth Oil India Ltd showed a return of 11.70% compared to a worldwide 3.99% average, and a 5.49% of Oil and Gas firms. Over the last year, the company obtained a -29.80% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for India and Oil and Gas Producers firms.

Oil India Ltd stock and market return