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CONCORDBIO

Concord Biotech Ltd

₹1,530.50

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 ₹16,016.22Cr. Its share price is ₹1,530.50 as on 16 June,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 0.57%.

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 ₹329.78Cr in the quarter ending March 2024. The revenue grew by 15.8% year on year basis since last quarter.
  • Concord Biotech Ltd’s profits were ₹95.02Cr in the quarter ending March 2024. The profits grew by 3.86% 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:

  • Last dividend date: 23/05/2024
  • Current Dividend Yield: 0.57%
  • Annual dividend payment: ₹8.75

Concord Biotech Ltd Dividend v/s Concord Biotech Ltd Share price

History of Concord Biotech Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
21/06/2024
CASH
₹8.75
23/05/2024
22/06/2024

FAQs

Concord Biotech Ltd current market price is ₹1,530.50 per share

Concord Biotech Ltd has declared dividend worth ₹8.75 in the last year.

Concord Biotech Ltd has declared dividend worth ₹8.75 in the latest quarter.

Concord Biotech Ltd has declared dividend on 23/05/2024 of ₹8.75.

Concord Biotech Ltd has declared dividend 1 times of ₹8.75 in the current financial year (FY2024-2025)