CONCORDBIO

Concord Biotech Ltd

₹2,151.05

Concord Biotech Ltd Dividend 2024 : Should Concord Biotech Ltd be a part of your dividend portfolio?

Concord Biotech Ltd is one of the most popular Pharmaceuticals company in the world with a market capitalisation of ₹22,478.36Cr. Its share price is ₹2,151.05 as on 25 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Concord Biotech Ltd gave ₹8.75 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Pharmaceuticals stocks do not always pay a dividend but as Concord Biotech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Concord Biotech Ltd has declared dividend of ₹8.75 - translating a dividend yield of 0.41%.

Let's look at Concord Biotech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Concord Biotech Ltd’s revenue were ₹320.21Cr in the quarter ending September 2024. The revenue grew by 18.39% year on year basis since last quarter.
Concord Biotech Ltd’s profits were ₹95.74Cr in the quarter ending September 2024. The profits grew by 18.17% year on year basis since last quarter.
Concord Biotech Ltd’s dividend was ₹8.75 in the quarter ending March 2024.

Concord Biotech Ltd Dividend related ratios: