Alkem Laboratories Dividend yield

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 stock dividend

Alkem Laboratories paid a total dividend of 3,017 million INR last year, for a market value of 437,142 millions (Market Cap 89,580 millions). Alkem Laboratories dividend per share is 25.14 INR, and his stock market price 3,642.85 INR.

According to the chart below, where dividend yield is displayed, Alkem Laboratories has a dividend yield of 0.69%, 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 stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the high India dividend stocks list.

Alkem Laboratories Dividend Payout

About the ability of Alkem Laboratories to maintain his current dividend of INR 25.14 per share, an amount that accounts for 0.69%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Alkem Laboratories payout on ernings is currently 29.61%, which is lower than the market average, but higher than companies of Health Care industry, which are 39.34% and 23.54% 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 145.71 per share, which is higher than the dividend per share paid by the company of INR 25.14, 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 Dividend History

Below you will find a table with the historical evolution of Alkem Laboratories'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*
Present	0.69%	25.14	29.61%	120
2022	1.13%	33.95	24.29%	120
2021	0.83%	30.08	22.33%	120
2020	0.85%	24.87	25.75%	120
2019	0.79%	15.91	24.49%	120

*In millions

Alkem Laboratories Stock performance

Finally, last moth Alkem Laboratories showed a return of -8.40% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 23.40% 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.