Alkem Laboratories Dividend yield




   INR/share 
 Price  2,769.80
 Dividend  27.97
 Earnings  96.51
 Cash-flow  47.76
 Book value  512.93
 Equity  484.97

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

Alkem Laboratories paid a total dividend of 3,356 million INR last year, for a market value of 332,376 millions (Market Cap 68,111 millions). Dividend per share of Alkem Laboratories is 27.97 INR, and his stock market price 2,769.80 INR.

According to the chart below, where dividend yield is displayed, Alkem Laboratories has a dividend yield of 1.01%, 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 Alkem Laboratories dividend yield with other Pharmaceuticals and Biotechnology companies or firms from India.

Dividend yield of Alkem Laboratories

Alkem Laboratories Dividend Payout

About the ability of Alkem Laboratories to maintain his current dividend of INR 27.97 per share, an amount that accounts for 1.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Alkem Laboratories payout on ernings is currently 28.98%, which is lower than the market average, but higher than companies of Health Care industry, which are 38.17% and 28.58% respectively. Both figures show that Alkem Laboratories 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 Alkem Laboratories is INR 47.76 per share, which is higher than the dividend per share paid by the company of INR 27.97, so the company generates enough cash to maintain his dividend in the future.

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

Alkem Laboratories payout

Alkem Laboratories Dividend History

Year Yield  INR  Paypout  Shares* 
Present1.01%27.9728.98%120
20200.85%24.8725.75%120
20190.79%15.9124.49%120

*In millions

Alkem Laboratories Stock performance

Finally, last moth Alkem Laboratories showed a return of 1.80% compared to a worldwide 4.24% average, and a 3.00% of Health Care firms. Over the last year, the company obtained a 19.10% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

Alkem Laboratories stock and market return