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TORNTPHARM

Torrent Pharmaceuticals Ltd

₹3,209.90

Torrent Pharmaceuticals Ltd Dividend 2024 : Should Torrent Pharmaceuticals Ltd be a part of your dividend portfolio?

Torrent Pharmaceuticals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,07,835.72Cr. Its share price is ₹3,209.90 as on 7 November,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Torrent Pharmaceuticals Ltd gave ₹36 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 Torrent Pharmaceuticals Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Torrent Pharmaceuticals Ltd has declared dividend of ₹6 - translating a dividend yield of 1.12%.

Let's look at Torrent Pharmaceuticals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Torrent Pharmaceuticals Ltd’s revenue were ₹2,873Cr in the quarter ending September 2024. The revenue grew by 6.96% year on year basis since last quarter.
  • Torrent Pharmaceuticals Ltd’s profits were ₹453Cr in the quarter ending September 2024. The profits grew by 17.36% year on year basis since last quarter.
  • Torrent Pharmaceuticals Ltd’s dividend was ₹6 in the quarter ending March 2024.

Torrent Pharmaceuticals Ltd Dividend related ratios:

  • Last dividend date: 24/05/2024
  • Current Dividend Yield: 1.12%
  • Annual dividend payment: ₹36

History of Torrent Pharmaceuticals Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
21/06/2024
CASH
₹6
24/05/2024
21/06/2024
12/02/2024
CASH
₹22
02/02/2024
12/02/2024
23/06/2023
CASH
₹8
30/05/2023
23/06/2023
03/02/2023
CASH
₹14
25/01/2023
03/02/2023
03/06/2022
CASH
₹15
25/05/2022
06/06/2022
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Torrent Pharmaceuticals Ltd Dividend v/s Torrent Pharmaceuticals Ltd Share price

FAQs

Torrent Pharmaceuticals Ltd current market price is ₹3,209.90 per share

Torrent Pharmaceuticals Ltd has declared dividend worth ₹28 in the last year.

Torrent Pharmaceuticals Ltd has declared dividend worth ₹6 in the latest quarter.

Torrent Pharmaceuticals Ltd has declared dividend on 24/05/2024 of ₹6.

Torrent Pharmaceuticals Ltd has declared dividend 1 times of ₹6 in the current financial year (FY2024-2025)

Torrent Pharmaceuticals Ltd has declared dividend 2 times of ₹30 in the previous financial year (FY2023-2024)