Union Bank Of India Dividend yield

 Price  85.90
 Dividend  3.00
 Earnings  12.45
 Cash-flow  37.35
 Book value  122.71
 Equity  109.21

Union Bank Of India is part of Banks business, which is part of Financials industry. Union Bank Of India is a company from India, and his stocks are publicly traded.

Union Bank Of India stock dividend

Union Bank Of India paid a total dividend of 20,505 million INR last year, for a market value of 587,127 millions (Market Cap 96,901 millions). Union Bank Of India dividend per share is 3.00 INR, and his stock market price 85.90 INR.

According to the chart below, where dividend yield is displayed, Union Bank Of India has a dividend yield of 3.49%, which is similar to the amount offered by both the market average and companies from India. However, it is lower than the average of Financials 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 Union Bank Of India stocks dividend with other Banks companies or other of the best India dividend stocks list.

Dividend yield of Union Bank Of India

Union Bank Of India Dividend Payout

About the ability of Union Bank Of India to maintain his current dividend of INR 3.00 per share, an amount that accounts for 3.49%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Union Bank Of India payout on ernings is currently 24.10%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Union Bank Of Indiacan 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 Union Bank Of India is INR 37.35 per share, which is higher than the dividend per share paid by the company of INR 3.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Union Bank Of India, compared againt world market average, India companies, Financials industry and Banks sector companies.

Union Bank Of India payout

Union Bank Of India Dividend History

Below you will find a table with the historical evolution of Union Bank Of India'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 Union Bank Of India dividend stock, and compare it with the average of India stocks and that of the Banks stocks.

Union Bank Of India stock dividend history

Union Bank Of India Stock performance

Finally, last moth Union Bank Of India showed a return of -3.50% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 102.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Banks firms.

Union Bank Of India stock and market return