Tatva Chintan Pharma Chem Ltd Dividend 2023 : Should Tatva Chintan Pharma Chem Ltd be a part of your dividend portfolio?
Tatva Chintan Pharma Chem Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹3,653.49Cr. Its share price is ₹1,581.20 as on 6 December,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tatva Chintan Pharma Chem Ltd gave ₹2 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 Tatva Chintan Pharma Chem Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Tatva Chintan Pharma Chem Ltd has declared dividend of ₹2 - translating a dividend yield of 0.13%.
Let's look at Tatva Chintan Pharma Chem Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Tatva Chintan Pharma Chem Ltd’s revenue were ₹97.43Cr in the quarter ending September 2023. The revenue grew by 6.32% year on year basis since last quarter.
Tatva Chintan Pharma Chem Ltd’s profits were ₹7.78Cr in the quarter ending September 2023. The profits grew by 9.42% year on year basis since last quarter.
Tatva Chintan Pharma Chem Ltd’s dividend was ₹2 in the quarter ending March 2023.
Tatva Chintan Pharma Chem Ltd Dividend related ratios: