Reliance Capital paid a total dividend of 2,527 million INR last year, for a market capitalization of 113,863 millions.
Dividend per share of Reliance Capital is 9.99 INR, and his stock market price 450.05 INR.
According to the chart, where dividend yield is displayed, Reliance Capital has a dividend yield of 2.22%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of Reliance Capital to maintain his current dividend of INR 9.99 per share, an amount that accounts for 2.22%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Reliance Capital payout on ernings is currently 22.42%, which is lower than the market average and companies of Financials industry, which are 40.24% and 44.35% respectively. Both figures lead us to believe that there is confidence that Reliance Capitalcan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Reliance Capital is INR -52.95 per share, which is lower than the dividend per share paid by the company of INR 9.99, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Reliance Capital, compared againt world market average, India companies, Financials industry and Nonlife Insurance sector companies. You might also need to check full financial report of Reliance Capital.
Reliance Comm. India. Telecommunications.Reliance Industries. India. Oil and Gas.Reliance Infrastruct. India. Utilities.Reliance Power. India. Utilities.Relo Holdings. Japan. Financials.RELX. UK. Consumer Services.
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