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Dividend of Torrent Pharmaceuticals Ltd

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Torrent Pharmaceuticals Ltd

NSE: TORNTPHARM

Dividend Payout (Final)

₹ 6

Ex-Dividend Date: Jun 21, 2024

Key Highlights

  • The dividend payouts of Torrent Pharmaceuticals Ltd changed from ₹ 6 to ₹ 8 over 6 quarters. This represents a CAGR of 21.14% .
  • The Latest Trading Price of Torrent Pharmaceuticals Ltd is ₹ 3374 as of 11 Dec 15:30 .

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Monitoring Torrent Pharmaceuticals Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Torrent Pharmaceuticals Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-246
2023-2422
2022-238
2022-2314
2021-2215

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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Torrent Pharmaceuticals Ltd

NSE: TORNTPHARM

Share Price

₹ 3374.3

25.95 (0.78%)

stock direction

Last updated on: Dec 11, 2024

Company Fundamentals for Torrent Pharmaceuticals Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Torrent Pharmaceuticals Ltd

Strength

4

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Torrent Pharmaceuticals Ltd

Historical Market Cap of Torrent Pharmaceuticals Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Torrent Pharmaceuticals Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Torrent Pharmaceuticals Ltd News Hub

Torrent Pharmaceuticals announces change in senior management

Torrent Pharmaceuticals announced that Pranav Mehta has been elevated as Executive Director from Vic

Read more

2024-08-13 00:00:00

Torrent Pharma hits life as Gujarat unit gets EIR from USFDA

Earlier on 12 June 2024, the pharmaceutical company informed that the US FDA had conducted a pre-app

Read more

2024-08-30 00:00:00

Torrent Pharma's Madhya Pradesh facility concludes GMP inspection with 1 observation

The GMP inspection was conducted from 16 September to 20 September 2024. At the conclusion of the in

Read more

2024-09-20 00:00:00

Torrent Pharmaceuticals announces board meeting date

Torrent Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 25 October 2

Read more

2024-10-10 00:00:00

About Torrent Pharmaceuticals Ltd

  • Torrent Pharmaceuticals Limited, the flagship Company of the Torrent Group, is one of the leading pharmaceutical companies having presence in Indian and global markets.
  • The Company is a dominant player in the therapeutic areas of Cardiovascular (CV), Central Nervous System (CNS), Vitamins and Nutrients (VMN), Gastro-Intestinal (GI) and Anti-Diabetes (AD) therapies in India.
  • It has a strong international presence across more than 40 countries with operations in regulated and emerging markets, such as the US, Europe, Brazil and Rest of the World. The Company operates through its wholly-owned subsidiaries spread across 12 countries with major setups in the US, Germany and Brazil.
  • Apart from this, it has a modern and well-equipped state-of-the-art R&D Centre at Bhat near Ahmedabad, built with an investment of US $ 40 million.

FAQs for Dividends of Torrent Pharmaceuticals Ltd

What is the current market price of Torrent Pharmaceuticals Ltd as of December 12, 2024?

The current market price of Torrent Pharmaceuticals Ltd stands at 3374.3 per share.

What dividend did Torrent Pharmaceuticals Ltd declare in the last fiscal year?

In the last fiscal year, Torrent Pharmaceuticals Ltd declared a dividend totaling ₹22.0.

What is the most recent dividend declared by Torrent Pharmaceuticals Ltd?

Torrent Pharmaceuticals Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Torrent Pharmaceuticals Ltd declared dividends in the current fiscal year?

Torrent Pharmaceuticals Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Torrent Pharmaceuticals Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Torrent Pharmaceuticals Ltd declared dividends 4 times totaling ₹22.0.

What is Dividend Yield of Torrent Pharmaceuticals Ltd?

The Torrent Pharmaceuticals Ltd's Dividend Yield is 0.8 as of December 12, 2024

Will I get Torrent Pharmaceuticals Ltd dividend if I have shares?

If you purchase Torrent Pharmaceuticals Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my Torrent Pharmaceuticals Ltd dividend if I sell my shares?

Shareholders who sell their Torrent Pharmaceuticals Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Torrent Pharmaceuticals Ltd dividend?

To be eligible for the Torrent Pharmaceuticals Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Torrent Pharmaceuticals Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Torrent Pharmaceuticals Ltd dividend amount will be automatically credited to your bank account.

Will I get Torrent Pharmaceuticals Ltd dividend if I have shares?

If you purchase Torrent Pharmaceuticals Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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