MRF Dividend yield




   INR/share 
 Price  82,259.45
 Dividend  106.94
 Earnings  3,371.29
 Cash-flow  4,754.88
 Book value  28,365.33
 Equity  27,187.82

MRF is part of Automobiles and Parts business, which is part of Consumer Goods industry. MRF is a company from India, and his stocks are publicly traded.

MRF paid a total dividend of 428 million INR last year, for a market value of 329,038 millions (Market Cap 187,663 millions). Dividend per share of MRF is 106.94 INR, and his stock market price 82,259.45 INR.

According to the chart below, where dividend yield is displayed, MRF has a dividend yield of 0.13%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare MRF dividend yield with other Automobiles and Parts companies or firms from India.

Dividend yield of MRF

MRF Dividend Payout

About the ability of MRF to maintain his current dividend of INR 106.94 per share, an amount that accounts for 0.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). MRF payout on ernings is currently 3.17%, which is lower than the market average and companies of Consumer Goods industry, which are 38.16% and 45.22% respectively. Both figures lead us to believe that there is confidence that MRFcan 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 MRF is INR 4,754.88 per share, which is higher than the dividend per share paid by the company of INR 106.94, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of MRF, compared againt world market average, India companies, Consumer Goods industry and Automobiles and Parts sector companies.

MRF payout

MRF Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.13%106.943.17%4
20200.13%98.482.93%4
20190.09%59.702.22%4
20180.09%60.292.25%4
20170.08%57.891.65%4

*In millions

MRF Stock performance

Finally, last moth MRF showed a return of -2.60% compared to a worldwide 4.25% average, and a 4.48% of Consumer Goods firms. Over the last year, the company obtained a 41.40% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for India and Automobiles and Parts firms.

MRF stock and market return