Bal Pharma Dividends and Buybacks
Dividend criteria checks 4/6
Bal Pharma is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
-0.6%
Buyback Yield
| Total Shareholder Yield | 0.3% |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹1.200 |
| Payout ratio | 25% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 524824's dividend payments have been volatile in the past 10 years.
Growing Dividend: 524824's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bal Pharma Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (524824) | 0.9% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast (524824) (up to 3 years) | n/a |
Notable Dividend: 524824's dividend (0.88%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: 524824's dividend (0.88%) is low compared to the top 25% of dividend payers in the Indian market (1.17%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.3%), 524824's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.3%), 524824's dividend payments are thoroughly covered by cash flows.