CONCORDBIO
Concord Biotech Ltd
₹1,694.70
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 ₹18,002.36Cr. Its share price is ₹1,694.70 as on 25 July,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 0.52%.
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: 0.52%
- Annual dividend payment: ₹8.75
History of Concord Biotech Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/06/2024 | CASH | ₹8.75 | 23/05/2024 | 22/06/2024 |
