Galaxy Medicare (NSE:GML) Dividend Yield %: 1.96% (As of Jun. 26, 2026) — Near Median


NSE:GML Galaxy Medicare Ltd NSE:GML
19 GF Score
Price ₹17.85
! 2 Warning Signs
View Full Analysis

What is Galaxy Medicare Dividend Yield %?

Galaxy Medicare NSE:GML -3.51% 19 Dividend Yield % is 1.96% as of Jun. 26, 2026, which is 8% above its 10-year median of 1.82. GuruFocus rates NSE:GML with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 328 Medical Devices & Instruments companies, Galaxy Medicare ranks worse than 52.13% on this metric.

As of today (2026-06-26), the Trailing Annual Dividend Yield of Galaxy Medicare is 1.96%.

The historical rank and industry rank for Galaxy Medicare's Dividend Yield % or its related term are showing as below:

NSE:GML' s Dividend Yield % Range Over the Past 10 Years
Min: 1.75   Med: 1.82   Max: 2.03
Current: 1.96

During the past 5 years, the highest Dividend Yield of Galaxy Medicare was 2.03%. The lowest was 1.75%. And the median was 1.82%.

NSE:GML's Dividend Yield % is ranked worse than
52.13% of 328 companies
in the Medical Devices & Instruments industry
Industry Median: 2 vs NSE:GML: 1.96

Galaxy Medicare's Dividend Payout Ratio for the six months ended in Mar. 2026 was 0.38.

During the past 5 years, the highest Dividend Payout Ratio of Galaxy Medicare was 0.16. The lowest was 0.16. And the median was 0.16.

As of today (2026-06-26), the Forward Dividend Yield % of Galaxy Medicare is 3.92%.

Galaxy Medicare's Dividends per Share for the six months ended in Mar. 2026 was ₹0.35.

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.


Galaxy Medicare  (NSE:GML) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Galaxy Medicare Dividend Yield % Related Terms


Galaxy Medicare Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Galaxy Medicare's Dividend Yield % 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.

Galaxy Medicare Dividend Yield % Chart

Galaxy Medicare Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Yield %
0.00 0.00 0.00 0.00 2.12

Galaxy Medicare Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Yield % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 2.12

NSE:GML vs ISRG, BDX, MDLN: Dividend Yield % Comparison

For the Medical Instruments & Supplies subindustry, Galaxy Medicare's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Galaxy Medicare Dividend Yield % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Galaxy Medicare's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Galaxy Medicare's Dividend Yield % falls into.


NSE:GML
19GF Score
Galaxy Medicare Ltd NSE:GML
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Galaxy Medicare Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Galaxy Medicare Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.3500002025-12-172025-12-170000-00-00Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Galaxy Medicare's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.35/17.85
=1.96 %

Current Share Price is ₹17.85.
Galaxy Medicare's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.35.

Galaxy Medicare's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=/17.85
=0.00 %

Current Share Price is ₹17.85.
Galaxy Medicare's Dividends per Share for the forward twelve months is calculated as * = .

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 1.96% mean?
Galaxy Medicare (NSE:GML) has a Dividend Yield % of 1.96% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Galaxy Medicare and its competitors. This is near median its historical median of 1.82. Over the past decade, Galaxy Medicare's Dividend Yield % has ranged from 1.75 to 2.03. According to the industry distribution chart, Galaxy Medicare ranks #171 out of 328 companies in the Medical Devices & Instruments industry, placing it in the top 52.1%.
Is Galaxy Medicare's Dividend Yield % too high?
Galaxy Medicare's current Dividend Yield % of 1.96% is near median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 2.03. The Medical Devices & Instruments industry median Dividend Yield % is 2.00. Galaxy Medicare's value of 1.96% is 2% below this industry median. Based on the distribution chart, Galaxy Medicare ranks #171 out of 328 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Galaxy Medicare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's Dividend Yield % compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Galaxy Medicare ranks #171 out of 328 companies for Dividend Yield %. This places Galaxy Medicare in the lower half of its industry. The industry median Dividend Yield % is 2.00. Galaxy Medicare's value of 1.96% is 2% below this benchmark. Historically, Galaxy Medicare's own Dividend Yield % has ranged from 1.75 to 2.03 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 2.00, Galaxy Medicare has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Medical Devices & Instruments company?
The median Dividend Yield % among Medical Devices & Instruments companies is 2.00, based on 328 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Galaxy Medicare's current Dividend Yield % of 1.96% is 2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Galaxy Medicare and its competitors. For the Medical Devices & Instruments industry, the median Dividend Yield % is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Medicare's current Dividend Yield % is 1.96%, which is near median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current Dividend Yield % of 1.96%. The current Dividend Yield % is 1.96%, which is near median its 10-year median of 1.82 and 2% below the Medical Devices & Instruments industry median of 2.00. Galaxy Medicare's overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Galaxy Medicare (NSE:GML), the current Dividend Yield % is 1.96% as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Galaxy Medicare Business Description

Address Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate, Khurda, Bhubaneswar, OR, IND, 751010
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
19GF Score

Get the complete analysis for NSE:GML

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹17.85
Price