Torrent Pharmaceuticals Dividend
Dividend criteria checks 4/6
Torrent Pharmaceuticals is a dividend paying company with a current yield of 1.14% that is well covered by earnings.
Key information
1.1%
Dividend yield
68%
Payout ratio
Industry average yield | 0.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₹44.15 |
Dividend yield forecast in 3Y | 1.0% |
Recent dividend updates
Recent updates
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) | 1.1% |
Market Bottom 25% (IN) | 0.3% |
Market Top 25% (IN) | 1.2% |
Industry Average (Pharmaceuticals) | 0.7% |
Analyst forecast in 3 Years (500420) | 1.0% |
Notable Dividend: 500420's dividend (1.14%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 500420's dividend (1.14%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.9%), 500420's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.9%), 500420's dividend payments are well covered by cash flows.