Bajaj HealthCare Dividend
Dividend criteria checks 2/6
Bajaj HealthCare is a dividend paying company with a current yield of 0.31% that is well covered by earnings.
Key information
0.3%
Dividend yield
6%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹3.01 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BAJAJHCARE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BAJAJHCARE's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Bajaj HealthCare Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (BAJAJHCARE) | 0.3% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.7% |
Analyst forecast in 3 Years (BAJAJHCARE) | n/a |
Notable Dividend: BAJAJHCARE's dividend (0.31%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: BAJAJHCARE's dividend (0.31%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (6.4%), BAJAJHCARE's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BAJAJHCARE is paying a dividend but the company has no free cash flows.