Tata Power Dividend yield

Tata Power is part of Electricity business, which is part of Utilities industry. Tata Power is a company from India, and his stocks are publicly traded.

Tata Power stock dividend

Tata Power paid a total dividend of 5,591 million INR last year, for a market value of 682,292 millions (Market Cap 353,257 millions). Tata Power dividend per share is 1.75 INR, and his stock market price 213.55 INR.

According to the chart below, where dividend yield is displayed, Tata Power has a dividend yield of 0.82%, 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 Tata Power stocks dividend with other Electricity companies or other of the highest India dividend stocks list.

Tata Power Dividend Payout

About the ability of Tata Power to maintain his current dividend of INR 1.75 per share, an amount that accounts for 0.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tata Power payout on ernings is currently 16.79%, which is lower than the market average and companies of Utilities industry, which are 39.87% and 56.39% respectively. Both figures lead us to believe that there is confidence that Tata Powercan 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 Tata Power is INR 20.94 per share, which is higher than the dividend per share paid by the company of INR 1.75, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tata Power, compared againt world market average, India companies, Utilities industry and Electricity sector companies.

Tata Power Dividend History

Below you will find a table with the historical evolution of Tata Power'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	0.82%	1.75	16.79%	3,195
2022	0.84%	1.74	30.31%	3,195
2021	0.70%	1.55	46.27%	3,195
2020	2.05%	1.55	61.02%	3,195
2019	2.30%	1.30	14.49%	2,705
2018	1.69%	1.30	13.20%	2,705
2017	1.39%	1.30	47.62%	2,705
2016	1.76%	1.30	10.53%	2,705
2015	1.95%	1.30	0.00%	2,705

*In millions

Then you can see the evolution of Tata Power dividend stock, and compare it with the average of India stocks and that of the Electricity stocks.

Tata Power Stock performance

Finally, last moth Tata Power showed a return of 6.20% compared to a worldwide -2.16% average, and a -1.24% of Utilities firms. Over the last year, the company obtained a -9.20% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for India and Electricity firms.