Abbott India Dividend
Dividend criteria checks 6/6
Abbott India is a dividend paying company with a current yield of 1.25% that is well covered by earnings.
Key information
1.2%
Dividend yield
40%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹539.11 |
Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500488's dividends per share have been stable in the past 10 years.
Growing Dividend: 500488's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Abbott India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500488) | 1.2% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.7% |
Analyst forecast in 3 Years (500488) | 1.4% |
Notable Dividend: 500488's dividend (1.25%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 500488's dividend (1.25%) is in the top 25% of dividend payers in the Indian market (1.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.3%), 500488's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.6%), 500488's dividend payments are covered by cash flows.