Bal Pharma Dividend
Dividend criteria checks 4/6
Bal Pharma is a dividend paying company with a current yield of 1.07% that is well covered by earnings. Next payment date is on 25th October, 2024 with an ex-dividend date of 18th September, 2024.
Key information
1.1%
Dividend yield
24%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 25 Oct 24 |
| Ex dividend date | 18 Sep 24 |
| Dividend per share | ₹1.200 |
| Earnings per share | ₹4.82 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Bal Pharma (NSE:BALPHARMA) Is Paying Out A Larger Dividend Than Last Year
Aug 15
Bal Pharma (NSE:BALPHARMA) Is Due To Pay A Dividend Of ₹1.00
Aug 28Bal Pharma (NSE:BALPHARMA) Is Paying Out A Dividend Of ₹1.00
Aug 14Recent updates
Bal Pharma (NSE:BALPHARMA) Is Paying Out A Larger Dividend Than Last Year
Aug 15Insufficient Growth At Bal Pharma Limited (NSE:BALPHARMA) Hampers Share Price
May 30Does Bal Pharma (NSE:BALPHARMA) Have A Healthy Balance Sheet?
Mar 14Bal Pharma Limited's (NSE:BALPHARMA) 26% Share Price Surge Not Quite Adding Up
Feb 01Bal Pharma Limited's (NSE:BALPHARMA) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 18Bal Pharma (NSE:BALPHARMA) Is Due To Pay A Dividend Of ₹1.00
Aug 28Bal Pharma (NSE:BALPHARMA) Is Paying Out A Dividend Of ₹1.00
Aug 14Bal Pharma (NSE:BALPHARMA) Is Paying Out A Dividend Of ₹1.00
Aug 17Bal Pharma (NSE:BALPHARMA) Has Announced A Dividend Of ₹1.00
Jul 31Is Bal Pharma (NSE:BALPHARMA) Using Too Much Debt?
Mar 08Bal Pharma (NSE:BALPHARMA) Use Of Debt Could Be Considered Risky
Nov 23Does Bal Pharma Limited (NSE:BALPHARMA) Have A Place In Your Dividend Stock Portfolio?
Aug 10
Should You Buy Bal Pharma Limited (NSE:BALPHARMA) For Its 2.3% Dividend?
Aug 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BALPHARMA's dividend payments have been volatile in the past 10 years.
Growing Dividend: BALPHARMA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Bal Pharma Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BALPHARMA) | 1.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast in 3 Years (BALPHARMA) | n/a |
Notable Dividend: BALPHARMA's dividend (1.07%) is higher than the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: BALPHARMA's dividend (1.07%) is low compared to the top 25% of dividend payers in the Indian market (1.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (24.3%), BALPHARMA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.9%), BALPHARMA's dividend payments are well covered by cash flows.