Biocon Dividend yield

 Price  235.05
 Dividend  0.49
 Earnings  6.53
 Cash-flow  9.71
 Book value  71.23
 Equity  66.63

Biocon is part of Pharmaceuticals and Biotechnology business, which is part of Health Care industry. Biocon is a company from India, and his stocks are publicly traded.

Biocon stock dividend

Biocon paid a total dividend of 585 million INR last year, for a market value of 280,415 millions (Market Cap 106,750 millions). Biocon dividend per share is 0.49 INR, and his stock market price 235.05 INR.

According to the chart below, where dividend yield is displayed, Biocon has a dividend yield of 0.21%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Health Care industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Biocon stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the highest India dividend stocks list.

Dividend yield of Biocon

Biocon Dividend Payout

About the ability of Biocon to maintain his current dividend of INR 0.49 per share, an amount that accounts for 0.21%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Biocon payout on ernings is currently 7.50%, which is lower than the market average and companies of Health Care industry, which are 41.20% and 34.07% respectively. Both figures lead us to believe that there is confidence that Bioconcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Biocon is INR 9.71 per share, which is higher than the dividend per share paid by the company of INR 0.49, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Biocon, compared againt world market average, India companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies.

Biocon payout

Biocon Dividend History

Below you will find a table with the historical evolution of Biocon's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  INR  Paypout  Shares* 

*In millions

Biocon Stock performance

Finally, last moth Biocon showed a return of -10.20% compared to a worldwide 5.46% average, and a 1.47% of Health Care firms. Over the last year, the company obtained a -36.00% versus a worldwide performance of a -0.05%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

Biocon stock and market return