Aarti Pharmalabs Ltd Dividend 2024 : Should Aarti Pharmalabs Ltd be a part of your dividend portfolio?
Aarti Pharmalabs Ltd is one of the most popular Pharmaceuticals company in the world with a market capitalisation of ₹5,236.82Cr. Its share price is ₹586.30 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aarti Pharmalabs Ltd gave ₹3 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 Aarti Pharmalabs Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Aarti Pharmalabs Ltd has declared dividend of ₹1 - translating a dividend yield of 0.51%.
Let's look at Aarti Pharmalabs Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aarti Pharmalabs Ltd’s revenue were ₹507.80Cr in the quarter ending March 2024. The revenue grew by 4.53% year on year basis since last quarter.
Aarti Pharmalabs Ltd’s profits were ₹65.25Cr in the quarter ending March 2024. The profits grew by 52.2% year on year basis since last quarter.
Aarti Pharmalabs Ltd’s dividend was ₹1 in the quarter ending March 2024.