Tata Steel Dividend yield




   INR/share 
 Price  112.65
 Dividend  5.10
 Earnings  33.13
 Cash-flow  33.13
 Book value  93.88
 Equity  77.05

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

Tata Steel paid a total dividend of 62,286 million INR last year, for a market value of 1,375,794 millions (Market Cap 917,400 millions). Dividend per share of Tata Steel is 5.10 INR, and his stock market price 112.65 INR.

According to the chart below, where dividend yield is displayed, Tata Steel has a dividend yield of 4.53%, 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 Tata Steel dividend yield with other Industrial Metals and Mining companies or firms from India.

Dividend yield of Tata Steel

Tata Steel Dividend Payout

About the ability of Tata Steel to maintain his current dividend of INR 5.10 per share, an amount that accounts for 4.53%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tata Steel payout on ernings is currently 15.39%, which is lower than the market average and companies of Basic Materials industry, which are 41.22% and 44.27% respectively. Both figures lead us to believe that there is confidence that Tata Steelcan 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 Steel is INR 33.13 per share, which is higher than the dividend per share paid by the company of INR 5.10, 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 Steel, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Tata Steel payout

Tata Steel Dividend History

Year Yield  INR  Paypout  Shares* 
Present4.53%5.1015.39%12,213
20212.25%25.0139.38%1,197
20201.55%9.9869.79%1,127
20192.75%12.9814.02%1,127
20181.92%10.009.02%1,204
20171.37%10.03-23.28%971
20161.93%8.01-26.83%971
20153.48%7.99-20.88%971

*In millions

Tata Steel Stock performance

Finally, last moth Tata Steel showed a return of 4.60% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a 1.40% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.

Tata Steel stock and market return