Tube Invest. of India Dividend yield

 Price  2,900.50
 Dividend  3.48
 Earnings  56.76
 Cash-flow  73.24
 Book value  204.26
 Equity  181.92

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

Tube Invest. of India stock dividend

Tube Invest. of India paid a total dividend of 672 million INR last year, for a market value of 559,797 millions (Market Cap 290,710 millions). Tube Invest. of India dividend per share is 3.48 INR, and his stock market price 2,900.50 INR.

According to the chart below, where dividend yield is displayed, Tube Invest. of India has a dividend yield of 0.12%, 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 Tube Invest. of India stocks dividend with other Industrial Metals and Mining companies or other of the highest India dividend stocks list.

Dividend yield of Tube Invest. of India

Tube Invest. of India Dividend Payout

About the ability of Tube Invest. of India to maintain his current dividend of INR 3.48 per share, an amount that accounts for 0.12%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tube Invest. of India payout on ernings is currently 6.13%, 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 Tube Invest. of Indiacan 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 Tube Invest. of India is INR 73.24 per share, which is higher than the dividend per share paid by the company of INR 3.48, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tube Invest. of India, compared againt world market average, India companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Tube Invest. of India payout

Tube Invest. of India Dividend History

Below you will find a table with the historical evolution of Tube Invest. of India'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

Tube Invest. of India Stock performance

Finally, last moth Tube Invest. of India showed a return of -5.80% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 28.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Industrial Metals and Mining firms.

Tube Invest. of India stock and market return