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Alkem Laboratories (NSE:ALKEM) Dividend Yield % : 0.86% (As of May. 14, 2024)


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What is Alkem Laboratories Dividend Yield %?

As of today (2024-05-14), the Trailing Annual Dividend Yield of Alkem Laboratories is 0.86%.

Good Sign:

Alkem Laboratories Ltd stock dividend yield is close to 1-year high.

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

NSE:ALKEM' s Dividend Yield % Range Over the Past 10 Years
Min: 0.27   Med: 0.77   Max: 1.33
Current: 0.86

During the past 13 years, the highest Dividend Yield of Alkem Laboratories was 1.33%. The lowest was 0.27%. And the median was 0.77%.

NSE:ALKEM's Dividend Yield % is ranked worse than
73.31% of 502 companies
in the Drug Manufacturers industry
Industry Median: 1.66 vs NSE:ALKEM: 0.86

Alkem Laboratories's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Alkem Laboratories was 0.31. The lowest was 0.08. And the median was 0.23.

As of today (2024-05-14), the Forward Dividend Yield % of Alkem Laboratories is 0.86%.

Alkem Laboratories's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

During the past 12 months, Alkem Laboratories's average Dividends Per Share Growth Rate was -26.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -14.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Alkem Laboratories was 71.00% per year. The lowest was -14.10% per year. And the median was 23.10% per year.

The growth rate is calculated with least square regression.

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


Alkem Laboratories Dividend Yield % Historical Data

The historical data trend for Alkem Laboratories'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.

* Premium members only.

Alkem Laboratories Dividend Yield % Chart

Alkem Laboratories Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.29 1.01 0.97 0.56

Alkem Laboratories Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.13 0.56 0.54 0.69 0.48

Competitive Comparison of Alkem Laboratories's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Alkem Laboratories'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.


Alkem Laboratories's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alkem Laboratories's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Alkem Laboratories's Dividend Yield % falls into.



Alkem Laboratories Dividend Yield % Calculation

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

Alkem Laboratories Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 35.0000002024-02-162024-02-172024-03-01Cash Dividendsemi-annuallyINR:INR 1.000000
INR 10.0000002023-08-102023-08-102023-08-30Cash 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.

Alkem Laboratories's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=45/5183.20
=0.87 %

Current Share Price is ₹5183.20.
Alkem Laboratories's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹45.

Alkem Laboratories's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=70/5183.20
=1.35 %

Current Share Price is ₹5183.20.
Alkem Laboratories's Dividends per Share for the forward twelve months is calculated as ₹35 * 2 = ₹70.

* 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.


Alkem Laboratories  (NSE:ALKEM) 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.


Alkem Laboratories Dividend Yield % Related Terms

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Alkem Laboratories (NSE:ALKEM) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Alkem House, Devashish Building, Lower Parel, Mumbai, MH, IND, 400 013
Alkem Laboratories Ltd is an Indian pharmaceutical company engaged in the development, manufacture, and sale of pharmaceutical and nutraceutical products. The company produces branded generics, generic drugs, active pharmaceutical ingredients (APIs) and nutraceuticals in acute and chronic therapeutic areas, such as anti-infective, pain and analgesics, vitamins/minerals/nutrients, cardiac and Diabetology, Gynecology, neuro/central nervous system, dermatology, anti-diabetes, anti-osteoporosis, cardiovascular, and muscle relaxants, which are marketed in Indian and International markets. It operates through the pharmaceutical business segment.

Alkem Laboratories (NSE:ALKEM) Headlines

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