Parenteral Drugs (India) Ltd Dividend 2023 : Should Parenteral Drugs (India) Ltd be a part of your dividend portfolio?
Parenteral Drugs (India) Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹10.11Cr. Its share price is ₹2.90 as on 25 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Parenteral Drugs (India) Ltd gave ₹3.50 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 Parenteral Drugs (India) Ltd pays dividends to reward its shareholders.
In the quarter ending June 2010, Parenteral Drugs (India) Ltd has declared dividend of ₹2 - translating a dividend yield of 120.69%.
Let's look at Parenteral Drugs (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Parenteral Drugs (India) Ltd’s revenue were ₹54.02Cr in the quarter ending March 2022. The revenue grew by 1977.69% year on year basis since last quarter.
Parenteral Drugs (India) Ltd’s profits were ₹23.81Cr in the quarter ending March 2022. The profits grew by 195.81% year on year basis since last quarter.
Parenteral Drugs (India) Ltd’s dividend was ₹2 in the quarter ending June 2010.
Parenteral Drugs (India) Ltd Dividend related ratios:
Last dividend date: 02/09/2010
Current Dividend Yield: 120.69%
Annual dividend payment: ₹3.50
History of Parenteral Drugs (India) Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
13/09/2010
CASH
₹2
02/09/2010
15/09/2010
23/12/2009
CASH
₹1.50
26/11/2009
25/12/2009
24/09/2008
CASH
₹1.50
04/09/2008
26/09/2008
21/09/2007
CASH
₹1.50
04/09/2007
25/09/2007
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