Novartis India Dividends and Buybacks
Dividend criteria checks 3/6
Novartis India is a dividend paying company with a current yield of 1.09% that is well covered by earnings.
Key information
1.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 24% |
Recent dividend and buyback updates
Recent updates
Factors Income Investors Should Consider Before Adding Novartis India Limited (NSE:NOVARTIND) To Their Portfolio
Apr 04
Weak Financial Prospects Seem To Be Dragging Down Novartis India Limited (NSE:NOVARTIND) Stock
Jan 29Are Dividend Investors Getting More Than They Bargained For With Novartis India Limited's (NSE:NOVARTIND) Dividend?
Jan 02
Novartis India Limited's (NSE:NOVARTIND) Popularity With Investors Is Under Threat From Overpricing
Dec 07We're Not Counting On Novartis India (NSE:NOVARTIND) To Sustain Its Statutory Profitability
Nov 08Is Novartis India Limited's (NSE:NOVARTIND) Recent Performance Market's Way Of Responding to Its Mixed Financials?
Oct 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NOVARTIND's dividends per share have been stable in the past 10 years.
Growing Dividend: NOVARTIND's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Novartis India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NOVARTIND) | 1.1% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.4% |
| Industry Average (Pharmaceuticals) | 0.8% |
| Analyst forecast (NOVARTIND) (up to 3 years) | n/a |
Notable Dividend: NOVARTIND's dividend (1.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: NOVARTIND's dividend (1.09%) is low compared to the top 25% of dividend payers in the Indian market (1.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.9%), NOVARTIND's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (169.3%), NOVARTIND's dividend payments are not well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/22 13:50 |
| End of Day Share Price | 2023/10/25 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Novartis India Limited is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Amit Gupta | Batlivala & Karani Securities India Pvt. Ltd. |
| Anil Burra | FirstCall Research |
| Suhani Adilabadkar | FirstCall Research |