Tata Power Dividend yield




   INR/share 
 Price  207.70
 Dividend  1.74
 Earnings  5.74
 Cash-flow  15.85
 Book value  69.23
 Equity  70.00

Tata Power is part of Electricity business, which is part of Utilities industry. Tata Power is a company from India, and his stocks are publicly traded.

Tata Power paid a total dividend of 5,559 million INR last year, for a market value of 663,602 millions (Market Cap 343,580 millions). Dividend per share of Tata Power is 1.74 INR, and his stock market price 207.70 INR.

According to the chart below, where dividend yield is displayed, Tata Power has a dividend yield of 0.84%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Utilities industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tata Power dividend yield with other Electricity companies or firms from India.

Dividend yield of Tata Power

Tata Power Dividend Payout

About the ability of Tata Power to maintain his current dividend of INR 1.74 per share, an amount that accounts for 0.84%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tata Power payout on ernings is currently 30.31%, which is lower than the market average and companies of Utilities industry, which are 41.22% and 52.83% respectively. Both figures lead us to believe that there is confidence that Tata Powercan 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 Tata Power is INR 15.85 per share, which is higher than the dividend per share paid by the company of INR 1.74, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tata Power, compared againt world market average, India companies, Utilities industry and Electricity sector companies.

Tata Power payout

Tata Power Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.84%1.7430.31%3,195
20210.70%1.5546.27%3,195
20202.05%1.5561.02%3,195
20192.30%1.3014.49%2,705
20181.69%1.3013.20%2,705
20171.39%1.3047.62%2,705
20161.76%1.3010.53%2,705
20151.95%1.300.00%2,705

*In millions

Tata Power Stock performance

Finally, last moth Tata Power showed a return of -7.60% compared to a worldwide -2.30% average, and a -0.70% of Utilities firms. Over the last year, the company obtained a -6.00% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Electricity firms.

Tata Power stock and market return