TORRENT PHARMACEUTIC Dividend yield




   INR/share 
 Price  2,791.95
 Dividend  39.92
 Earnings  99.01
 Cash-flow  97.62
 Book value  344.69
 Equity  315.32

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 paid a total dividend of 6,746 million INR last year, for a market value of 471,840 millions (Market Cap 135,851 millions). Dividend per share of TORRENT PHARMACEUTIC is 39.92 INR, and his stock market price 2,791.95 INR.

According to the chart below, where dividend yield is displayed, TORRENT PHARMACEUTIC has a dividend yield of 1.43%, 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 dividend yield with other Pharmaceuticals and Biotechnology companies or firms from India.

Dividend yield of TORRENT PHARMACEUTIC

TORRENT PHARMACEUTIC Dividend Payout

About the ability of TORRENT PHARMACEUTIC to maintain his current dividend of INR 39.92 per share, an amount that accounts for 1.43%, we should study its payout ratio both on earnings and on cash-flows (see chart below). TORRENT PHARMACEUTIC payout on ernings is currently 40.32%, which is higher than the market average, and companies of Health Care industry, which are 38.25% and 29.07% 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 97.62 per share, which is higher than the dividend per share paid by the company of INR 39.92, 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 payout

TORRENT PHARMACEUTIC Dividend History

Year Yield  INR  Paypout  Shares* 
Present1.43%39.9240.32%169
20211.07%35.0835.52%169
20200.75%21.0225.57%169
20190.92%17.0133.67%169
20180.79%13.9925.67%169
20170.99%14.0421.68%169
20161.91%26.3023.68%169
20150.79%11.2621.96%169

*In millions

TORRENT PHARMACEUTIC Stock performance

Finally, last moth TORRENT PHARMACEUTIC showed a return of 1.50% compared to a worldwide 1.12% average, and a 1.32% of Health Care firms. Over the last year, the company obtained a 9.70% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for India and Pharmaceuticals and Biotechnology firms.

TORRENT PHARMACEUTIC stock and market return