Novartis India Dividend
Dividend criteria checks 3/6
Novartis India is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
24%
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 | ₹38.69 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500672's dividends per share have been stable in the past 10 years.
Growing Dividend: 500672's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Novartis India Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500672) | 1.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.7% |
Analyst forecast in 3 Years (500672) | n/a |
Notable Dividend: 500672's dividend (0.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500672's dividend (0.97%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.9%), 500672's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (169.3%), 500672's dividend payments are not well covered by cash flows.