TORRENT PHARMACEUTIC Dividend yield

TORRENT PHARMACEUTIC is part of Pharmaceuticals and Biotechnology business, which is part of Health Care industry. TORRENT PHARMACEUTIC is a company from India, and his stocks are publicly traded.

TORRENT PHARMACEUTIC stock dividend

TORRENT PHARMACEUTIC paid a total dividend of 7,412 million INR last year, for a market value of 622,765 millions (Market Cap 179,305 millions). TORRENT PHARMACEUTIC dividend per share is 21.93 INR, and his stock market price 1,842.50 INR.

According to the chart below, where dividend yield is displayed, TORRENT PHARMACEUTIC has a dividend yield of 1.19%, lower than the amount offered by both the market average and companies from India. It is also lower than average of Health Care industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare TORRENT PHARMACEUTIC stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the highest India dividend stocks list.

TORRENT PHARMACEUTIC Dividend Payout

About the ability of TORRENT PHARMACEUTIC to maintain his current dividend of INR 21.93 per share, an amount that accounts for 1.19%, we should study its payout ratio both on earnings and on cash-flows (see chart below). TORRENT PHARMACEUTIC payout on ernings is currently 43.08%, which is higher than the market average, and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that TORRENT PHARMACEUTIC can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of TORRENT PHARMACEUTIC is INR 63.10 per share, which is higher than the dividend per share paid by the company of INR 21.93, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of TORRENT PHARMACEUTIC, compared againt world market average, India companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies.

TORRENT PHARMACEUTIC Dividend History

Below you will find a table with the historical evolution of TORRENT PHARMACEUTIC's dividend stock, both in percentage and in INR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	INR	Paypout	Shares*
Present	1.19%	21.93	43.08%	338
2022	1.06%	16.44	46.65%	338
2021	1.07%	35.08	35.52%	169
2020	0.75%	21.02	25.57%	169
2019	0.92%	17.01	33.67%	169
2018	0.79%	13.99	25.67%	169
2017	0.99%	14.04	21.68%	169
2016	1.91%	26.30	23.68%	169
2015	0.79%	11.26	21.96%	169

*In millions

Then you can see the evolution of TORRENT PHARMACEUTIC dividend stock, and compare it with the average of India stocks and that of the Pharmaceuticals and Biotechnology stocks.

TORRENT PHARMACEUTIC Stock performance

Finally, last moth TORRENT PHARMACEUTIC showed a return of -8.00% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 18.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.