Coromandel Internati Dividend yield




   INR/share 
 Price  774.55
 Dividend  17.97
 Earnings  36.36
 Cash-flow  56.54
 Book value  146.14
 Equity  130.79

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

Coromandel Internati paid a total dividend of 5,265 million INR last year, for a market value of 226,943 millions (Market Cap 76,737 millions). Dividend per share of Coromandel Internati is 17.97 INR, and his stock market price 774.55 INR.

According to the chart below, where dividend yield is displayed, Coromandel Internati has a dividend yield of 2.32%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...According to the chart below, where dividend yield is displayed, Coromandel Internati has a dividend yield of 2.32%, 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 Coromandel Internati dividend yield with other Chemicals companies or firms from India.

Dividend yield of Coromandel Internati

Coromandel Internati Dividend Payout

About the ability of Coromandel Internati to maintain his current dividend of INR 17.97 per share, an amount that accounts for 2.32%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coromandel Internati payout on ernings is currently 49.42%, which is higher than the market average, and companies of Basic Materials industry, which are 38.17% and 48.78% respectively. Both figures show that Coromandel Internati 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 Coromandel Internati is INR 56.54 per share, which is higher than the dividend per share paid by the company of INR 17.97, so the company generates enough cash to maintain his dividend in the future.

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

Coromandel Internati payout

Coromandel Internati Dividend History

Year Yield  INR  Paypout  Shares* 
Present2.32%17.9749.42%293
20201.47%11.9732.91%293

*In millions

Coromandel Internati Stock performance

Finally, last moth Coromandel Internati showed a return of 0.40% compared to a worldwide 4.24% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 41.80% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for India and Chemicals firms.

Coromandel Internati stock and market return