Coromandel Internati Dividend yield

 Price  1,090.95
 Dividend  12.00
 Earnings  68.61
 Cash-flow  19.80
 Book value  266.09
 Equity  243.30

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 stock dividend

Coromandel Internati paid a total dividend of 3,528 million INR last year, for a market value of 320,739 millions (Market Cap 118,993 millions). Coromandel Internati dividend per share is 12.00 INR, and his stock market price 1,090.95 INR.

According to the chart below, where dividend yield is displayed, Coromandel Internati has a dividend yield of 1.10%, 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,...

In addition, you should compare Coromandel Internati stocks dividend with other Chemicals companies or other of the best India dividend stocks list.

Dividend yield of Coromandel Internati

Coromandel Internati Dividend Payout

About the ability of Coromandel Internati to maintain his current dividend of INR 12.00 per share, an amount that accounts for 1.10%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Coromandel Internati payout on ernings is currently 17.49%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Coromandel Internatican 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 Coromandel Internati is INR 19.80 per share, which is higher than the dividend per share paid by the company of INR 12.00, so the company generates enough cash to maintain his dividend in the future.

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

Coromandel Internati payout

Coromandel Internati Dividend History

Below you will find a table with the historical evolution of Coromandel Internati'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

Coromandel Internati Stock performance

Finally, last moth Coromandel Internati showed a return of 6.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 3.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Chemicals firms.

Coromandel Internati stock and market return