Divi's Laboratories Dividend
Dividend criteria checks 4/6
Divi's Laboratories is a dividend paying company with a current yield of 0.76% that is well covered by earnings.
Key information
0.8%
Dividend yield
44%
Payout ratio
Industry average yield | 0.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹52.11 |
Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 532488's dividends per share have been stable in the past 10 years.
Growing Dividend: 532488's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Divi's Laboratories Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (532488) | 0.8% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Life Sciences) | 0.6% |
Analyst forecast in 3 Years (532488) | 0.8% |
Notable Dividend: 532488's dividend (0.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 532488's dividend (0.76%) 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 (43.7%), 532488's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (100.5%), 532488's dividend payments are not well covered by cash flows.