Coal India Dividend yield




   INR/share 
 Price  130.35
 Dividend  12.50
 Earnings  27.16
 Cash-flow  12.18
 Book value  52.14
 Equity  47.65

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

Coal India paid a total dividend of 77,038 million INR last year, for a market value of 803,347 millions (Market Cap 232,061 millions). Dividend per share of Coal India is 12.50 INR, and his stock market price 130.35 INR.

According to the chart below, where dividend yield is displayed, Coal India has a dividend yield of 9.59%, 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 Coal India dividend yield with other Mining companies or firms from India.

Dividend yield of Coal India

Coal India Dividend Payout

About the ability of Coal India to maintain his current dividend of INR 12.50 per share, an amount that accounts for 9.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coal India payout on ernings is currently 46.02%, which is higher than the market average, but lower than companies of Basic Materials industry, which are 38.16% and 48.78% respectively. Both figures show that Coal India should not have problems to continue paying his 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 Coal India is INR 12.18 per share, which is lower than the dividend per share paid by the company of INR 12.50, 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 Coal India, compared againt world market average, India companies, Basic Materials industry and Mining sector companies.

Coal India payout

Coal India Dividend History

Year Yield  INR  Paypout  Shares* 
Present9.59%12.5046.02%6,163
202014.40%19.5071.98%6,163
20196.20%13.1046.49%6,163
20189.87%23.76210.27%6,207
20177.57%19.91133.27%6,207
20168.88%27.40120.76%6,316
20150.00%0.000.00%6,316

*In millions

Coal India Stock performance

Finally, last moth Coal India showed a return of -14.40% compared to a worldwide 4.25% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a -6.90% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for India and Mining firms.

Coal India stock and market return