Piramal Pharma Ltd Dividend 2024 : Should Piramal Pharma Ltd be a part of your dividend portfolio?
Piramal Pharma Ltd is one of the most popular Pharmaceuticals company in the world with a market capitalisation of ₹35,066.04Cr. Its share price is ₹264.65 as on 5 December,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Piramal Pharma Ltd gave ₹0.11 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 Piramal Pharma Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Piramal Pharma Ltd has declared dividend of ₹0.11 - translating a dividend yield of 0.04%.
Let's look at Piramal Pharma Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Piramal Pharma Ltd’s revenue were ₹2,320.12Cr in the quarter ending September 2024. The revenue grew by 17.2% year on year basis since last quarter.
Piramal Pharma Ltd’s profits were ₹22.59Cr in the quarter ending September 2024. The profits grew by 350% year on year basis since last quarter.
Piramal Pharma Ltd’s dividend was ₹0.11 in the quarter ending March 2024.