Laurus Labs Dividend yield




   INR/share 
 Price  590.10
 Dividend  2.01
 Earnings  18.38
 Cash-flow  12.61
 Book value  48.37
 Equity  40.66

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

Laurus Labs paid a total dividend of 1,079 million INR last year, for a market value of 316,884 millions (Market Cap 213,475 millions). Dividend per share of Laurus Labs is 2.01 INR, and his stock market price 590.10 INR.

According to the chart below, where dividend yield is displayed, Laurus Labs has a dividend yield of 0.34%, 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 Laurus Labs dividend yield with other Pharmaceuticals and Biotechnology companies or firms from India.

Dividend yield of Laurus Labs

Laurus Labs Dividend Payout

About the ability of Laurus Labs to maintain his current dividend of INR 2.01 per share, an amount that accounts for 0.34%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Laurus Labs payout on ernings is currently 10.94%, which is lower than the market average and companies of Health Care industry, which are 38.25% and 29.07% respectively. Both figures lead us to believe that there is confidence that Laurus Labscan 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 Laurus Labs is INR 12.61 per share, which is higher than the dividend per share paid by the company of INR 2.01, so the company generates enough cash to maintain his dividend in the future.

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

Laurus Labs payout

Laurus Labs Dividend History

No data available

Laurus Labs Stock performance

Finally, last moth Laurus Labs showed a return of 9.00% compared to a worldwide 1.12% average, and a 1.32% of Health Care firms. Over the last year, the company obtained a 63.00% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

Laurus Labs stock and market return