GlaxoSmithKline Pharmaceuticals Dividends and Buybacks
Dividend criteria checks 4/6
GlaxoSmithKline Pharmaceuticals is a dividend paying company with a current yield of 1.22%. Next payment date is on 28th November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
1.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 1.1% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 28 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | ₹32.000 |
| Payout ratio | 92% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500660's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500660's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| GlaxoSmithKline Pharmaceuticals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500660) | 1.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast (500660) (up to 3 years) | 1.1% |
Notable Dividend: 500660's dividend (1.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 500660's dividend (1.22%) is in the top 25% of dividend payers in the Indian market (1.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (91.9%), 500660's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.7%), 500660's dividend payments are covered by cash flows.