08-31-2023
INR/share | |
Price | 625.85 |
Dividend | 6.01 |
Earnings | 20.45 |
Cash-flow | 26.08 |
Book value | 173.85 |
Equity | 170.42 |
Cadila Healthcare is part of Pharmaceuticals and Biotechnology business, which is part of Health Care industry. Cadila Healthcare is a company from India, and his stocks are publicly traded.
Cadila Healthcare stock dividend
Cadila Healthcare paid a total dividend of 6,082 million INR last year, for a market value of 633,360 millions (Market Cap 158,684 millions). Cadila Healthcare dividend per share is 6.01 INR, and his stock market price 625.85 INR.
According to the chart below, where dividend yield is displayed, Cadila Healthcare has a dividend yield of 0.96%, 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 Cadila Healthcare stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the best India dividend stocks list.
Cadila Healthcare Dividend Payout
About the ability of Cadila Healthcare to maintain his current dividend of INR 6.01 per share, an amount that accounts for 0.96%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cadila Healthcare payout on ernings is currently 29.39%, 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 Cadila Healthcare 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 Cadila Healthcare is INR 26.08 per share, which is higher than the dividend per share paid by the company of INR 6.01, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Cadila Healthcare, compared againt world market average, India companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies.
Cadila Healthcare Dividend History
Below you will find a table with the historical evolution of Cadila Healthcare'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 | 0.96% | 6.01 | 29.39% | 1,012 |
2022 | 0.60% | 2.52 | 5.52% | 1,012 |
2021 | 0.72% | 3.48 | 15.56% | 1,024 |
2020 | 1.47% | 7.01 | 53.96% | 1,024 |
2019 | 1.38% | 3.51 | 17.94% | 1,024 |
2018 | 1.00% | 3.48 | 18.68% | 1,024 |
2017 | 0.74% | 3.21 | 21.17% | 1,024 |
2016 | 0.80% | 3.21 | 21.26% | 1,024 |
2015 | 0.60% | 2.41 | 21.05% | 1,024 |
*In millions
Then you can see the evolution of Cadila Healthcare dividend stock, and compare it with the average of India stocks and that of the Pharmaceuticals and Biotechnology stocks.
Cadila Healthcare Stock performance
Finally, last moth Cadila Healthcare showed a return of -1.00% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 65.50% 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.