Tatva Chintan Pharma Chem Ltd Dividend 2024 : 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 ₹2,870.21Cr. Its share price is ₹1,243.70 as on 4 May,2024.
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 0.16%.
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 ₹102.79Cr in the quarter ending March 2024. The revenuefell by -18% year on year basis since last quarter.
Tatva Chintan Pharma Chem Ltd’s profits were ₹9.61Cr in the quarter ending March 2024. The profits fell by -43.3% 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: