Biocon Dividend yield




   INR/share 
 Price  269.85
 Dividend  0.51
 Earnings  6.53
 Cash-flow  9.74
 Book value  71.01
 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 paid a total dividend of 608 million INR last year, for a market value of 321,931 millions (Market Cap 122,554 millions). Dividend per share of Biocon is 0.51 INR, and his stock market price 269.85 INR.

According to the chart below, where dividend yield is displayed, Biocon has a dividend yield of 0.19%, 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 dividend yield with other Pharmaceuticals and Biotechnology companies or firms from India.

Dividend yield of Biocon

Biocon Dividend Payout

About the ability of Biocon to maintain his current dividend of INR 0.51 per share, an amount that accounts for 0.19%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Biocon payout on ernings is currently 7.81%, which is lower than the market average and companies of Health Care industry, which are 41.59% and 34.33% 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 9.74 per share, which is higher than the dividend per share paid by the company of INR 0.51, 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

Year Yield  INR  Paypout  Shares* 
Present0.19%0.517.81%1,193
20210.00%0.000.00%1,189
20200.00%0.000.00%1,185
20190.17%0.506.35%1,183
20180.16%1.0115.61%600

*In millions

Biocon Stock performance

Finally, last moth Biocon showed a return of -7.30% compared to a worldwide 3.75% average, and a 6.02% of Health Care firms. Over the last year, the company obtained a -23.10% versus a worldwide performance of a -9.52%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

Biocon stock and market return