Petronet LNG Dividend yield

Petronet LNG is part of Gas Water and Multiutilities business, which is part of Utilities industry. Petronet LNG is a company from India, and his stocks are publicly traded.

Petronet LNG paid a total dividend of 10,485 million INR last year, for a market value of 360,525 millions (Market Cap 126,184 millions). Dividend per share of Petronet LNG is 6.99 INR, and his stock market price 240.35 INR.

According to the chart below, where dividend yield is displayed, Petronet LNG has a dividend yield of 2.91%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Utilities industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Petronet LNG dividend yield with other Gas Water and Multiutilities companies or firms from India.

Petronet LNG Dividend Payout

About the ability of Petronet LNG to maintain his current dividend of INR 6.99 per share, an amount that accounts for 2.91%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Petronet LNG payout on ernings is currently 45.07%, which is higher than the market average, but lower than companies of Utilities industry, which are 37.66% and 69.01% respectively. Both figures show that Petronet LNG 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 Petronet LNG is INR 17.80 per share, which is higher than the dividend per share paid by the company of INR 6.99, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Petronet LNG, compared againt world market average, India companies, Utilities industry and Gas Water and Multiutilities sector companies.

Petronet LNG Stock performance

Finally, last moth Petronet LNG showed a return of -3.00% compared to a worldwide 4.36% average, and a -1.16% of Utilities firms. Over the last year, the company obtained a -8.20% versus a worldwide performance of a 2.14%. More detailed information can be seen in the following graph for India and Gas Water and Multiutilities firms.