Piramal Enterprises Dividend yield

 Price  828.40
 Dividend  32.97
 Earnings  91.03
 Cash-flow  436.00
 Book value  1,380.67
 Equity  1,468.23

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

Piramal Enterprises paid a total dividend of 7,847 million INR last year, for a market value of 197,159 millions (Market Cap 104,630 millions). Dividend per share of Piramal Enterprises is 32.97 INR, and his stock market price 828.40 INR.

According to the chart below, where dividend yield is displayed, Piramal Enterprises has a dividend yield of 3.98%, which is higher than the amount offered by both the market average and companies from India. It is also bigger than average of Health Care industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Piramal Enterprises dividend yield with other Pharmaceuticals and Biotechnology companies or firms from India.

Dividend yield of Piramal Enterprises

Piramal Enterprises Dividend Payout

About the ability of Piramal Enterprises to maintain his current dividend of INR 32.97 per share, an amount that accounts for 3.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Piramal Enterprises payout on ernings is currently 36.22%, which is lower than the market average, but higher than companies of Health Care industry, which are 41.22% and 34.13% respectively. Both figures show that Piramal Enterprises is in a good position to keep maintaining his 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 Piramal Enterprises is INR 436.00 per share, which is higher than the dividend per share paid by the company of INR 32.97, so the company generates enough cash to maintain his dividend in the future.

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

Piramal Enterprises payout

Piramal Enterprises Dividend History

Year Yield  INR  Paypout  Shares* 

*In millions

Piramal Enterprises Stock performance

Finally, last moth Piramal Enterprises showed a return of 0.40% compared to a worldwide -2.30% average, and a -1.20% of Health Care firms. Over the last year, the company obtained a -39.90% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

Piramal Enterprises stock and market return