Piramal Enterprises Dividend yield

 Price  1,053.30
 Dividend  30.97
 Earnings  421.32
 Cash-flow  63.84
 Book value  1,316.63
 Equity  1,404.40

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 stock dividend

Piramal Enterprises paid a total dividend of 7,371 million INR last year, for a market value of 250,685 millions (Market Cap 133,014 millions). Piramal Enterprises dividend per share is 30.97 INR, and his stock market price 1,053.30 INR.

According to the chart below, where dividend yield is displayed, Piramal Enterprises has a dividend yield of 2.94%, 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.

In addition, you should compare Piramal Enterprises stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the high India dividend stocks list.

Dividend yield of Piramal Enterprises

Piramal Enterprises Dividend Payout

About the ability of Piramal Enterprises to maintain his current dividend of INR 30.97 per share, an amount that accounts for 2.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Piramal Enterprises payout on ernings is currently 7.35%, which is lower than the market average and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures lead us to believe that there is confidence that Piramal Enterprisescan 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 Piramal Enterprises is INR 63.84 per share, which is higher than the dividend per share paid by the company of INR 30.97, 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

Below you will find a table with the historical evolution of Piramal Enterprises's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  INR  Paypout  Shares* 

*In millions

Then you can see the evolution of Piramal Enterprises dividend stock, and compare it with the average of India stocks and that of the Pharmaceuticals and Biotechnology stocks.

Piramal Enterprises stock dividend history

Piramal Enterprises Stock performance

Finally, last moth Piramal Enterprises showed a return of 4.10% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a -1.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

Piramal Enterprises stock and market return