Bal Pharma Dividend
Dividend criteria checks 3/6
Bal Pharma is a dividend paying company with a current yield of 1.02% that is well covered by earnings.
Key information
1.0%
Dividend yield
61%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹2.24 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (524824) | 1.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.8% |
Analyst forecast in 3 Years (524824) | n/a |
Notable Dividend: 524824's dividend (1.02%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 524824's dividend (1.02%) is low compared to the top 25% of dividend payers in the Indian market (1.19%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61%), 524824's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate 524824's cash payout ratio to determine if its dividend payments are covered by cash flows.