|INR per share|
GlaxoSmithKline Phar paid a total dividend of 4,255 million INR last year, for a market capitalization of 281,771 millions. Dividend per share of GlaxoSmithKline Phar is 50.06 INR, and his stock market price 3,314.95 INR.
According to the chart below, where dividend yield is displayed, GlaxoSmithKline Phar has a dividend yield of 1.51%, 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 GlaxoSmithKline Phar to maintain his current dividend of INR 50.06 per share, an amount that accounts for 1.51%, we should study its payout ratio both on earnings and on cash-flows (see chart below). GlaxoSmithKline Phar payout on ernings is currently 111.59%, which is higher than the market average, and companies of Health Care industry, which are 40.42% and 35.37% respectively. Both figures show that GlaxoSmithKline Phar can have problems to keep with his present dividend yield.
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 GlaxoSmithKline Phar is INR 0.00 per share, which is lower than the dividend per share paid by the company of INR 50.06, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of GlaxoSmithKline Phar, compared againt world market average, India companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies. You might also need to check full financial report of GlaxoSmithKline Phar.
GlaxoSmithKlinensume. India. Consumer Goods.Glencore. UK. Basic Materials.Glenmark Pharmaceuti. India. Health Care.Global Brands Group. Hong-Kong. Consumer Goods.Global Logistic Prop. Singapore. Financials.Global Mediacom Tbk. Indonesia. Consumer Services.
GlaxoSmithKline. UK. Health Care.Glanbia. Ireland. Consumer Goods.GKN. UK. Consumer Goods.Gjensidige Forsikrin. Norway. Financials.Givaudan N. Switzerland. Basic Materials.Gilead Sciences. USA. Health Care.
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