Cipla Dividend yield




   INR/share 
 Price  815.10
 Dividend  6.03
 Earnings  23.69
 Cash-flow  36.72
 Book value  194.07
 Equity  191.05

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

Cipla paid a total dividend of 4,860 million INR last year, for a market value of 656,971 millions (Market Cap 377,949 millions). Dividend per share of Cipla is 6.03 INR, and his stock market price 815.10 INR.

According to the chart below, where dividend yield is displayed, Cipla has a dividend yield of 0.74%, 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 Cipla dividend yield with other Pharmaceuticals and Biotechnology companies or firms from India.

Dividend yield of Cipla

Cipla Dividend Payout

About the ability of Cipla to maintain his current dividend of INR 6.03 per share, an amount that accounts for 0.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Cipla payout on ernings is currently 25.45%, which is lower than the market average and companies of Health Care industry, which are 38.16% and 28.74% respectively. Both figures lead us to believe that there is confidence that Ciplacan 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 Cipla is INR 36.72 per share, which is higher than the dividend per share paid by the company of INR 6.03, so the company generates enough cash to maintain his dividend in the future.

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

Cipla payout

Cipla Dividend History

Year Yield  INR  Paypout  Shares* 
Present0.74%6.0325.45%806
20200.73%5.9925.27%806
20190.63%3.0112.40%806
20180.58%3.0113.85%805
20170.33%2.0112.09%805
20160.35%1.9810.34%803
20150.31%2.0013.49%803

*In millions

Cipla Stock performance

Finally, last moth Cipla showed a return of 3.60% compared to a worldwide 4.25% average, and a 3.06% of Health Care firms. Over the last year, the company obtained a 92.80% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

Cipla stock and market return