Hikal (BOM:524735) Dividend Payout Ratio : 0.22 (As of Mar. 2024)

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What is Hikal Dividend Payout Ratio?

Hikal's dividend payout ratio for the months ended in Mar. 2024 was 0.22.

The historical rank and industry rank for Hikal's Dividend Payout Ratio or its related term are showing as below:

BOM:524735' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.16 Max: 0.21
Current: 0.21

During the past 13 years, the highest Dividend Payout Ratio of Hikal was 0.21. The lowest was 0.10. And the median was 0.16.

BOM:524735's Dividend Payout Ratio is ranked better than
73.89% of 429 companies
in the Drug Manufacturers industry
Industry Median: 0.33 vs BOM:524735: 0.21

As of today (2024-05-19), the Dividend Yield % of Hikal is 0.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Hikal was 2.17%. The lowest was 0.15%. And the median was 0.40%.

Hikal's Dividends per Share for the months ended in Mar. 2024 was ₹0.60.

During the past 12 months, Hikal's average Dividends Per Share Growth Rate was 20.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 11.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Hikal was 37.60% per year. The lowest was -25.30% per year. And the median was 12.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Hikal Dividend Payout Ratio Historical Data

The historical data trend for Hikal's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hikal Dividend Payout Ratio Chart

Hikal Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.21

0.11

0.17

0.16

0.21

Hikal Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.21	-	0.59	-	0.22

Competitive Comparison of Hikal's Dividend Payout Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Hikal's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hikal's Dividend Payout Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hikal's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Hikal's Dividend Payout Ratio falls into.

Hikal Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Hikal's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	1.2	/	5.64
	=	0.21

Hikal's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.6	/	2.75
	=	0.22

Hikal (BOM:524735) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Hikal Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Hikal's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Hikal (BOM:524735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hikal Ltd (BOM:524735) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

HIKAL:India

Address

Great Eastern Chambers, 6th Floor, Sector 11, CBD Belapur, Navi Mumbai, MH, IND, 400 614

Website

https://www.hikal.com

Hikal Ltd manufactures chemical intermediates, specialty chemicals, active pharma ingredients, and contract research activities. Its products are distributed to pharmaceuticals, biotech, agrochemicals, and specialty chemical industries. Its segments include crop protection and pharmaceuticals. The majority of the revenue is derived from the pharmaceutical segment.

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