Mercury Laboratories Dividend
Dividend criteria checks 3/6
Mercury Laboratories is a dividend paying company with a current yield of 0.36% that is well covered by earnings.
Key information
0.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₹3.500 |
| Payout ratio | 7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 538964 has been paying a dividend for less than 10 years.
Growing Dividend: 538964's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Mercury Laboratories Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (538964) | 0.4% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast (538964) (up to 3 years) | n/a |
Notable Dividend: 538964's dividend (0.36%) is higher than the bottom 25% of dividend payers in the Indian market (0.24%).
High Dividend: 538964's dividend (0.36%) is low compared to the top 25% of dividend payers in the Indian market (1.1%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.4%), 538964's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.5%), 538964's dividend payments are well covered by cash flows.