Reliance Industries Dividend yield




   INR/share 
 Price  1,985.30
 Dividend  6.55
 Earnings  71.41
 Cash-flow  112.16
 Book value  709.04
 Equity  661.20

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

Reliance Industries paid a total dividend of 41,520 million INR last year, for a market value of 12,584,817 millions (Market Cap 6,166,953 millions). Dividend per share of Reliance Industries is 6.55 INR, and his stock market price 1,985.30 INR.

According to the chart below, where dividend yield is displayed, Reliance Industries has a dividend yield of 0.33%, 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 Reliance Industries dividend yield with other Oil and Gas Producers companies or firms from India.

Dividend yield of Reliance Industries

Reliance Industries Dividend Payout

About the ability of Reliance Industries to maintain his current dividend of INR 6.55 per share, an amount that accounts for 0.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Reliance Industries payout on ernings is currently 9.17%, 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 Reliance Industriescan 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 Reliance Industries is INR 112.16 per share, which is higher than the dividend per share paid by the company of INR 6.55, so the company generates enough cash to maintain his dividend in the future.

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

Reliance Industries payout

Reliance Industries Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.33%6.559.17%6,339
20190.43%6.518.86%6,339
20180.54%6.059.33%6,336
20170.60%5.5310.51%6,333
20162.07%20.4919.45%3,237
20151.04%10.0411.23%3,237

*In millions

Reliance Industries Stock performance

Finally, last moth Reliance Industries showed a return of 2.90% compared to a worldwide 3.99% average, and a 5.49% of Oil and Gas firms. Over the last year, the company obtained a 31.10% 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.

Reliance Industries stock and market return