Novartis India Dividends and Buybacks
Dividend criteria checks 6/6
Novartis India is a dividend paying company with a current yield of 2.44% that is well covered by earnings.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹25.000 |
| Payout ratio | 72% |
Recent dividend and buyback 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 increased over the past 10 years.
Dividend Yield vs Market
| Novartis India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500672) | 2.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast (500672) (up to 3 years) | n/a |
Notable Dividend: 500672's dividend (2.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 500672's dividend (2.44%) is in the top 25% of dividend payers in the Indian market (1.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.5%), 500672's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.8%), 500672's dividend payments are well covered by cash flows.