Supriya Lifescience Ltd Dividend 2023 : Should Supriya Lifescience Ltd be a part of your dividend portfolio?
Supriya Lifescience Ltd is one of the most popular Pharmaceuticals company in the world with a market capitalisation of ₹2,280.88Cr. Its share price is ₹281.30 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Supriya Lifescience Ltd gave ₹0.60 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 Supriya Lifescience Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Supriya Lifescience Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.21%.
Let's look at Supriya Lifescience Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Supriya Lifescience Ltd’s revenue were ₹134.94Cr in the quarter ending June 2023. The revenue grew by 30.11% year on year basis since last quarter.
Supriya Lifescience Ltd’s profits were ₹28.51Cr in the quarter ending June 2023. The profits grew by 12.91% year on year basis since last quarter.
Supriya Lifescience Ltd’s dividend was ₹0.60 in the quarter ending March 2023.