Reliance Industries Dividend yield

 Price  2,407.00
 Dividend  8.91
 Earnings  98.65
 Cash-flow  151.38
 Book value  1,046.52
 Equity  1,108.43

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 stock dividend

Reliance Industries paid a total dividend of 60,285 million INR last year, for a market value of 16,285,762 millions (Market Cap 8,086,712 millions). Reliance Industries dividend per share is 8.91 INR, and his stock market price 2,407.00 INR.

According to the chart below, where dividend yield is displayed, Reliance Industries has a dividend yield of 0.37%, 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 stocks dividend with other Oil and Gas Producers companies or other of the best India dividend stocks list.

Dividend yield of Reliance Industries

Reliance Industries Dividend Payout

About the ability of Reliance Industries to maintain his current dividend of INR 8.91 per share, an amount that accounts for 0.37%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Reliance Industries payout on ernings is currently 9.03%, 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 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 151.38 per share, which is higher than the dividend per share paid by the company of INR 8.91, 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

Below you will find a table with the historical evolution of Reliance Industries'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 Reliance Industries dividend stock, and compare it with the average of India stocks and that of the Oil and Gas Producers stocks.

Reliance Industries stock dividend history

Reliance Industries Stock performance

Finally, last moth Reliance Industries showed a return of -5.60% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -3.10% 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.

Reliance Industries stock and market return