Petronet LNG Dividend yield

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

Petronet LNG stock dividend

Petronet LNG paid a total dividend of 4,485 million INR last year, for a market value of 322,950 millions (Market Cap 161,475 millions). Petronet LNG dividend per share is 2.99 INR, and his stock market price 215.30 INR.

According to the chart below, where dividend yield is displayed, Petronet LNG has a dividend yield of 1.39%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Petronet LNG stocks dividend with other Oil and Gas Producers companies or other of the high India dividend stocks list.

Petronet LNG Dividend Payout

About the ability of Petronet LNG to maintain his current dividend of INR 2.99 per share, an amount that accounts for 1.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Petronet LNG payout on ernings is currently 13.47%, 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 Petronet LNGcan 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 Petronet LNG is INR 18.56 per share, which is higher than the dividend per share paid by the company of INR 2.99, 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, Oil and Gas industry and Oil and Gas Producers sector companies.

Petronet LNG Dividend History

Below you will find a table with the historical evolution of Petronet LNG'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	1.39%	2.99	13.47%	1,500
2022	5.34%	11.51	50.22%	1,500
2021	4.85%	10.50	53.38%	1,500
2020	2.83%	7.01	45.02%	1,500
2019	1.68%	4.50	30.22%	1,500
2018	2.01%	4.51	31.99%	1,500
2017	0.98%	2.50	21.68%	1,500
2016	0.64%	2.49	19.98%	750

*In millions

Petronet LNG Stock performance

Finally, last moth Petronet LNG showed a return of -7.80% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -2.60% 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.