Torrent Pharmaceuticals Dividend
Dividend criteria checks 4/6
Torrent Pharmaceuticals is a dividend paying company with a current yield of 0.97% that is well covered by earnings.
Key information
1.0%
Dividend yield
57%
Payout ratio
Industry average yield | 0.8% |
Next dividend pay date | n/a |
Ex dividend date | 21 Jun 24 |
Dividend per share | n/a |
Earnings per share | ₹48.93 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 500420's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500420's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Torrent Pharmaceuticals Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (500420) | 1.0% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.8% |
Analyst forecast in 3 Years (500420) | 1.2% |
Notable Dividend: 500420's dividend (0.97%) is higher than the bottom 25% of dividend payers in the Indian market (0.28%).
High Dividend: 500420's dividend (0.97%) is low compared to the top 25% of dividend payers in the Indian market (1.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.2%), 500420's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.5%), 500420's dividend payments are well covered by cash flows.