Glenmark Pharmaceuti Dividend yield

 Price  766.85
 Dividend  2.53
 Earnings  10.53
 Cash-flow  11.96
 Book value  333.41
 Equity  329.06

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

Glenmark Pharmaceuti stock dividend

Glenmark Pharmaceuti paid a total dividend of 713 million INR last year, for a market value of 216,252 millions (Market Cap 115,576 millions). Glenmark Pharmaceuti dividend per share is 2.53 INR, and his stock market price 766.85 INR.

According to the chart below, where dividend yield is displayed, Glenmark Pharmaceuti has a dividend yield of 0.33%, 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 Glenmark Pharmaceuti stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the high India dividend stocks list.

Dividend yield of Glenmark Pharmaceuti

Glenmark Pharmaceuti Dividend Payout

About the ability of Glenmark Pharmaceuti to maintain his current dividend of INR 2.53 per share, an amount that accounts for 0.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Glenmark Pharmaceuti payout on ernings is currently 24.03%, 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 Glenmark Pharmaceuti 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 Glenmark Pharmaceuti is INR 11.96 per share, which is higher than the dividend per share paid by the company of INR 2.53, so the company generates enough cash to maintain his dividend in the future.

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

Glenmark Pharmaceuti payout

Glenmark Pharmaceuti Dividend History

Below you will find a table with the historical evolution of Glenmark Pharmaceuti'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 Glenmark Pharmaceuti dividend stock, and compare it with the average of India stocks and that of the Pharmaceuticals and Biotechnology stocks.

Glenmark Pharmaceuti stock dividend history

Glenmark Pharmaceuti Stock performance

Finally, last moth Glenmark Pharmaceuti showed a return of -2.70% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 106.60% 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.

Glenmark Pharmaceuti stock and market return