Alkem Laboratories Dividend
Dividend criteria checks 3/6
Alkem Laboratories is a dividend paying company with a current yield of 0.53% that is well covered by earnings.
Key information
0.5%
Dividend yield
34%
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 | ₹131.58 |
Dividend yield forecast in 3Y | 1.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 539523 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 539523's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Alkem Laboratories Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (539523) | 0.5% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.8% |
Analyst forecast in 3 Years (539523) | 1.1% |
Notable Dividend: 539523's dividend (0.53%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: 539523's dividend (0.53%) is low compared to the top 25% of dividend payers in the Indian market (1.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.2%), 539523's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.3%), 539523's dividend payments are well covered by cash flows.