Gilead Sciences paid a total dividend of 2,478 million USD last year, for a market capitalization of 95,489 millions.
Dividend per share of Gilead Sciences is 1.88 USD, and his stock market price 72.45 USD.
According to the chart, where dividend yield is displayed, Gilead Sciences has a dividend yield of 2.59%, which is lower than the amount offered by the market average , but bigger than Health Care industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.
About the ability of Gilead Sciences to maintain his current dividend of USD 1.88 per share, an amount that accounts for 2.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gilead Sciences payout on ernings is currently 12.97%, which is lower than the market average and companies of Health Care industry, which are 40.24% and 32.91% respectively. Both figures lead us to believe that there is confidence that Gilead Sciencescan maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Gilead Sciences is USD 15.41 per share, which is higher than the dividend per share paid by the company of USD 1.88, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Gilead Sciences, compared againt world market average, USA companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies. You might also need to check full financial report of Gilead Sciences.
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