Oil India Ltd Dividend yield

 Price  273.10
 Dividend  19.99
 Earnings  80.32
 Cash-flow  101.15
 Book value  341.38
 Equity  316.22

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 stock dividend

Oil India Ltd paid a total dividend of 21,669 million INR last year, for a market value of 296,040 millions (Market Cap 90,513 millions). Oil India Ltd dividend per share is 19.99 INR, and his stock market price 273.10 INR.

According to the chart below, where dividend yield is displayed, Oil India Ltd has a dividend yield of 7.32%, 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 stocks dividend with other Oil and Gas Producers companies or other of the best India dividend stocks list.

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 19.99 per share, an amount that accounts for 7.32%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Oil India Ltd payout on ernings is currently 24.89%, which is lower than the market average and companies of Oil and Gas industry, which are 39.34% and 38.55% 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 101.15 per share, which is higher than the dividend per share paid by the company of INR 19.99, 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

Below you will find a table with the historical evolution of Oil India Ltd'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* 

*In millions

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

Oil India Ltd stock dividend history

Oil India Ltd Stock performance

Finally, last moth Oil India Ltd showed a return of -0.90% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a 41.60% 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.

Oil India Ltd stock and market return