Vedanta Dividend yield




   INR/share 
 Price  280.80
 Dividend  96.01
 Earnings  51.05
 Cash-flow  85.09
 Book value  175.50
 Equity  172.47

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

Vedanta paid a total dividend of 356,101 million INR last year, for a market value of 1,041,487 millions (Market Cap 344,093 millions). Dividend per share of Vedanta is 96.01 INR, and his stock market price 280.80 INR.

According to the chart below, where dividend yield is displayed, Vedanta has a dividend yield of 34.19%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Vedanta dividend yield with other Industrial Metals and Mining companies or firms from India.

Dividend yield of Vedanta

Vedanta Dividend Payout

About the ability of Vedanta to maintain his current dividend of INR 96.01 per share, an amount that accounts for 34.19%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Vedanta payout on ernings is currently 188.07%, which is higher than the market average, and companies of Basic Materials industry, which are 41.59% and 43.97% respectively. Both figures show that Vedanta 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 Vedanta is INR 85.09 per share, which is lower than the dividend per share paid by the company of INR 96.01, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Vedanta, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Vedanta payout

Vedanta Dividend History

Year Yield  INR  Paypout  Shares* 
Present34.19%96.01188.07%3,709
20219.38%32.00105.06%3,716
20208.30%13.40-82.21%3,717
201912.36%18.8497.62%3,702
20180.00%0.000.00%3,717
20175.90%19.46128.03%3,717
20162.28%5.24-18.46%2,965
20156.50%5.85-11.06%2,965

*In millions

Vedanta Stock performance

Finally, last moth Vedanta showed a return of 4.00% compared to a worldwide 3.75% average, and a 2.90% of Basic Materials firms. Over the last year, the company obtained a -7.60% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.

Vedanta stock and market return