Gujarat Themis Biosyn Dividend
Dividend criteria checks 2/6
Gujarat Themis Biosyn is a dividend paying company with a current yield of 0.29% that is well covered by earnings. Next payment date is on 22nd August, 2024 with an ex-dividend date of 15th July, 2024.
Key information
0.3%
Dividend yield
13%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | 22 Aug 24 |
| Ex dividend date | 15 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | ₹8.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 506879 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 506879's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Gujarat Themis Biosyn Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (506879) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Pharmaceuticals) | 0.8% |
| Analyst forecast in 3 Years (506879) | n/a |
Notable Dividend: 506879's dividend (0.29%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: 506879's dividend (0.29%) is low compared to the top 25% of dividend payers in the Indian market (1.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.6%), 506879's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 506879 is paying a dividend but the company has no free cash flows.