Hypera SA's Dividend Analysis
In This Article:
Understanding the Latest Dividend Declaration from Hypera SA
Hypera SA (HYPMY) recently announced a dividend of $0.02 per share, payable on a date yet to be confirmed, with the ex-dividend date set for 2024-03-22. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Hypera SA's dividend performance and assess its sustainability.
What Does Hypera SA Do?
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Hypera SA is a specialty and generic drug manufacturing company. The company has a focus on the pharmaceutical segments of the Brazilian market, along with a presence in nonprescription drugs and branded generics. Hypermarcas also possesses a share of generic medicines and prescription products. The company also has a wide sales and distribution structure. The Company's operating segments are Consumer Health, Branded Prescription, Similars e Generics, Skincare and Non-Retail Market.
A Glimpse at Hypera SA's Dividend History
Hypera SA has maintained a consistent dividend payment record since 2016. Dividends are currently distributed on a quarterly basis. Below is a chart showing annual Dividends Per Share for tracking historical trends.
Breaking Down Hypera SA's Dividend Yield and Growth
As of today, Hypera SA currently has a 12-month trailing dividend yield of 2.35% and a 12-month forward dividend yield of 1.74%. This suggests an expectation of decreased dividend payments over the next 12 months.
Over the past three years, Hypera SA's annual dividend growth rate was 1.60%. Extended to a five-year horizon, this rate increased to 4.90% per year. Based on Hypera SA's dividend yield and five-year growth rate, the 5-year yield on cost of Hypera SA stock as of today is approximately 2.99%.
The Sustainability Question: Payout Ratio and Profitability
To assess the sustainability of the dividend, one needs to evaluate the company's payout ratio. The dividend payout ratio provides insights into the portion of earnings the company distributes as dividends. A lower ratio suggests that the company retains a significant part of its earnings, thereby ensuring the availability of funds for future growth and unexpected downturns. As of 2023-12-31, Hypera SA's dividend payout ratio is 0.47.
Hypera SA's profitability rank, offers an understanding of the company's earnings prowess relative to its peers. GuruFocus ranks Hypera SA's profitability 9 out of 10 as of 2023-12-31, suggesting good profitability prospects. The company has reported positive net income for each of year over the past decade, further solidifying its high profitability.