Castrol Dividend yield

 Price  144.75
 Dividend  6.50
 Earnings  8.27
 Cash-flow  9.65
 Book value  19.05
 Equity  17.86

Castrol is part of Chemicals business, which is part of Basic Materials industry. Castrol is a company from India, and his stocks are publicly traded.

Castrol stock dividend

Castrol paid a total dividend of 6,429 million INR last year, for a market value of 143,158 millions (Market Cap 70,156 millions). Castrol dividend per share is 6.50 INR, and his stock market price 144.75 INR.

According to the chart below, where dividend yield is displayed, Castrol has a dividend yield of 4.49%, which is similar to the amount offered by both the market average and companies from India. However, it is lower than the average of 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 Castrol stocks dividend with other Chemicals companies or other of the best India dividend stocks list.

Dividend yield of Castrol

Castrol Dividend Payout

About the ability of Castrol to maintain his current dividend of INR 6.50 per share, an amount that accounts for 4.49%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Castrol payout on ernings is currently 78.60%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Castrol 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 Castrol is INR 9.65 per share, which is higher than the dividend per share paid by the company of INR 6.50, so the company generates enough cash to maintain his dividend in the future.

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

Castrol payout

Castrol Dividend History

Below you will find a table with the historical evolution of Castrol'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 Castrol dividend stock, and compare it with the average of India stocks and that of the Chemicals stocks.

Castrol stock dividend history

Castrol Stock performance

Finally, last moth Castrol showed a return of 0.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 27.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Chemicals firms.

Castrol stock and market return