TORNTPHARM
Torrent Pharmaceuticals Ltd
₹3,437
Torrent Pharmaceuticals Ltd Dividend 2024 : Should Torrent Pharmaceuticals Ltd be a part of your dividend portfolio?
Torrent Pharmaceuticals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,16,225.41Cr. Its share price is ₹3,437 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Torrent Pharmaceuticals Ltd gave ₹36 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 Torrent Pharmaceuticals Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Torrent Pharmaceuticals Ltd has declared dividend of ₹6 - translating a dividend yield of 1.05%.
Let's look at Torrent Pharmaceuticals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Torrent Pharmaceuticals Ltd’s revenue were ₹2,873Cr in the quarter ending September 2024. The revenue grew by 6.96% year on year basis since last quarter.
- Torrent Pharmaceuticals Ltd’s profits were ₹453Cr in the quarter ending September 2024. The profits grew by 17.36% year on year basis since last quarter.
- Torrent Pharmaceuticals Ltd’s dividend was ₹6 in the quarter ending March 2024.
Torrent Pharmaceuticals Ltd Dividend related ratios:
- Last dividend date: 24/05/2024
- Current Dividend Yield: 1.05%
- Annual dividend payment: ₹36
History of Torrent Pharmaceuticals Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/06/2024 | CASH | ₹6 | 24/05/2024 | 21/06/2024 |
12/02/2024 | CASH | ₹22 | 02/02/2024 | 12/02/2024 |
23/06/2023 | CASH | ₹8 | 30/05/2023 | 23/06/2023 |
03/02/2023 | CASH | ₹14 | 25/01/2023 | 03/02/2023 |
03/06/2022 | CASH | ₹15 | 25/05/2022 | 06/06/2022 |
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