SDZNY (Sandoz Group AG) Dividend Payout Ratio : 0.44 (As of Jun. 2024)

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What is Sandoz Group AG Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Sandoz Group AG's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.44.

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

SDZNY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.66
Current: 0.66

During the past 2 years, the highest Dividend Payout Ratio of Sandoz Group AG was 0.66. The lowest was 0.00. And the median was 0.00.

SDZNY's Dividend Payout Ratio is ranked worse than
80.32% of 437 companies
in the Drug Manufacturers industry
Industry Median: 0.37 vs SDZNY: 0.66

As of today (2024-12-13), the Dividend Yield % of Sandoz Group AG is 1.20%.

During the past 2 years, the highest Trailing Annual Dividend Yield of Sandoz Group AG was 1.51%. The lowest was 0.00%. And the median was 0.00%.

Sandoz Group AG's Dividends per Share for the months ended in Jun. 2024 was $0.50.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Sandoz Group AG Dividend Payout Ratio Historical Data

The historical data trend for Sandoz Group AG'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.

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Sandoz Group AG Dividend Payout Ratio Chart

Sandoz Group AG Annual Data

Trend

Dec22

Dec23

Dividend Payout Ratio

Sandoz Group AG Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	-	-	-	0.44

Competitive Comparison of Sandoz Group AG's Dividend Payout Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Sandoz Group AG'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.

Sandoz Group AG's Dividend Payout Ratio Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Sandoz Group AG's Dividend Payout Ratio falls into.

Sandoz Group AG Dividend Payout Ratio Calculation

Sandoz Group AG's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0	/	0.194
	=	0.00

Sandoz Group AG's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.496	/	1.12
	=	0.44

Sandoz Group AG (OTCPK:SDZNY) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Sandoz Group AG Dividend Payout Ratio Related Terms

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

Sandoz Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sandoz Group AG (OTCPK:SDZNY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SDZXF:USA SDZz:UK 0SAN:UK D8Y0:Germany SDZ:Switzerland

Address

Forum 1, Novartis Campus, Basel, CHE, CH-4056

Website

https://www.sandoz.com

Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $9 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006 as well as the first US biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in its pipeline.

Sandoz Group AG Headlines

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