Gland Pharma Ltd Dividend 2024 : Should Gland Pharma Ltd be a part of your dividend portfolio?
Gland Pharma Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹31,382.73Cr. Its share price is ₹1,906 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gland Pharma Ltd gave ₹20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Gland Pharma Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Gland Pharma Ltd has declared dividend of ₹20 - translating a dividend yield of 1.05%.
Let's look at Gland Pharma Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gland Pharma Ltd’s revenue were ₹1,453.14Cr in the quarter ending June 2024. The revenue grew by 16.6% year on year basis since last quarter.
Gland Pharma Ltd’s profits were ₹143.76Cr in the quarter ending June 2024. The profits fell by -25.94% year on year basis since last quarter.
Gland Pharma Ltd’s dividend was ₹20 in the quarter ending March 2024.