Balaxi Pharmaceuticals Ltd Dividend 2024 : Should Balaxi Pharmaceuticals Ltd be a part of your dividend portfolio?
Balaxi Pharmaceuticals Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹581.83Cr. Its share price is ₹105.39 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Balaxi Pharmaceuticals Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Balaxi Pharmaceuticals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Balaxi Pharmaceuticals Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.47%.
Let's look at Balaxi Pharmaceuticals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Balaxi Pharmaceuticals Ltd’s revenue were ₹63.77Cr in the quarter ending June 2024. The revenuefell by -1.82% year on year basis since last quarter.
Balaxi Pharmaceuticals Ltd’s profits were ₹6.48Cr in the quarter ending June 2024. The profits grew by 115.67% year on year basis since last quarter.
Balaxi Pharmaceuticals Ltd’s dividend was ₹0.50 in the quarter ending March 2022.
Balaxi Pharmaceuticals Ltd Dividend related ratios:
Last dividend date: 23/05/2022
Current Dividend Yield: 0.47%
Annual dividend payment: ₹0.50
History of Balaxi Pharmaceuticals Ltd's Dividend payments