Glenmark Life Sciences Limited

BSE:543322 Stock Report

Mkt Cap: ₹47.9b

Glenmark Life Sciences Dividend

What is Glenmark Life Sciences's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.38%

Current Dividend Yield

Dividend Yield vs Market

Glenmark Life Sciences Dividend Yield vs Market
How does 543322 dividend yield compare to the market?
SegmentDividend Yield
Company (543322)5.4%
Market Bottom 25% (IN)0.4%
Market Top 25% (IN)1.6%
Industry Average (Pharmaceuticals)0.9%
Analyst forecast in 3 Years (543322)3.6%

Notable Dividend: 543322's dividend (5.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: 543322's dividend (5.38%) is in the top 25% of dividend payers in the Indian market (1.55%)


Stability and Growth of Payments

How stable has Glenmark Life Sciences's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
3/31/202512.822
3/31/202415.713
3/31/202313.343
1/25/2023215.38
8/25/2022215.02
2/8/2022214.54
11/10/2021213.47

Stable Dividend: Too early to tell whether 543322's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 543322's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.8%), 543322's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (129.2%), 543322's dividend payments are not well covered by cash flows.


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