Par Drugs & Chemicals Ltd Dividend 2024 : Should Par Drugs & Chemicals Ltd be a part of your dividend portfolio?
Par Drugs & Chemicals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹289.15Cr. Its share price is ₹234.99 as on 12 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Par Drugs & Chemicals Ltd gave ₹1.25 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 Par Drugs & Chemicals Ltd pays dividends to reward its shareholders.
In the quarter ending September 2021, Par Drugs & Chemicals Ltd has declared dividend of ₹1.25 - translating a dividend yield of 0.53%.
Let's look at Par Drugs & Chemicals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Par Drugs & Chemicals Ltd’s revenue were ₹22.68Cr in the quarter ending June 2024. The revenuefell by -1.18% year on year basis since last quarter.
Par Drugs & Chemicals Ltd’s profits were ₹2.53Cr in the quarter ending June 2024. The profits grew by 2.43% year on year basis since last quarter.
Par Drugs & Chemicals Ltd’s dividend was ₹1.25 in the quarter ending September 2021.
Par Drugs & Chemicals Ltd Dividend related ratios:
Last dividend date: 09/11/2021
Current Dividend Yield: 0.53%
Annual dividend payment: ₹1.25
History of Par Drugs & Chemicals Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/11/2021
CASH
₹1.25
09/11/2021
23/11/2021
10/07/2020
CASH
₹1.25
01/06/2020
14/07/2020
22/11/2019
CASH
₹1.25
11/11/2019
25/11/2019
Par Drugs & Chemicals Ltd Dividend v/s Par Drugs & Chemicals Ltd Share price
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