Tata Steel Dividend yield

 Price  105.80
 Dividend  5.10
 Earnings  7.20
 Cash-flow  13.23
 Book value  81.38
 Equity  88.89

Tata Steel is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Tata Steel is a company from India, and his stocks are publicly traded.

Tata Steel stock dividend

Tata Steel paid a total dividend of 62,286 million INR last year, for a market value of 1,292,135 millions (Market Cap 861,615 millions). Tata Steel dividend per share is 5.10 INR, and his stock market price 105.80 INR.

According to the chart below, where dividend yield is displayed, Tata Steel has a dividend yield of 4.82%, which is similar to the amount offered by both the market average and companies from India. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Tata Steel stocks dividend with other Industrial Metals and Mining companies or other of the highest India dividend stocks list.

Dividend yield of Tata Steel

Tata Steel Dividend Payout

About the ability of Tata Steel to maintain his current dividend of INR 5.10 per share, an amount that accounts for 4.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tata Steel payout on ernings is currently 70.83%, which is higher than the market average, and companies of Basic Materials industry, which are 39.87% and 33.76% respectively. Both figures show that Tata Steel can have problems to keep with his present dividend yield.

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 Steel is INR 13.23 per share, which is higher than the dividend per share paid by the company of INR 5.10, 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 Steel, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Tata Steel payout

Tata Steel Dividend History

Below you will find a table with the historical evolution of Tata Steel'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 Tata Steel dividend stock, and compare it with the average of India stocks and that of the Industrial Metals and Mining stocks.

Tata Steel stock dividend history

Tata Steel Stock performance

Finally, last moth Tata Steel showed a return of -2.00% compared to a worldwide -2.16% average, and a -5.29% of Basic Materials firms. Over the last year, the company obtained a 0.20% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.

Tata Steel stock and market return