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Torrent Pharmaceuticals (BOM:500420) 3-Year Dividend Growth Rate : 44.20% (As of Sep. 2024)


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What is Torrent Pharmaceuticals 3-Year Dividend Growth Rate?

Torrent Pharmaceuticals's Dividends per Share for the three months ended in Sep. 2024 was ₹0.00.

The historical rank and industry rank for Torrent Pharmaceuticals's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:500420' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.8   Med: 20.5   Max: 83.5
Current: 44.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Torrent Pharmaceuticals was 83.50% per year. The lowest was -11.80% per year. And the median was 20.50% per year.

BOM:500420's 3-Year Dividend Growth Rate is ranked better than
87.3% of 307 companies
in the Drug Manufacturers industry
Industry Median: 11.5 vs BOM:500420: 44.20

During the past 12 months, Torrent Pharmaceuticals's average Dividends Per Share Growth Rate was 27.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 44.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Torrent Pharmaceuticals's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00. As of today, Torrent Pharmaceuticals's Dividend Yield % is 0.84%.

Warning Sign:

Torrent Pharmaceuticals Ltd stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Torrent Pharmaceuticals's 3-Year Dividend Growth Rate

For the Drug Manufacturers - Specialty & Generic subindustry, Torrent Pharmaceuticals's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Torrent Pharmaceuticals's 3-Year Dividend Growth Rate Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Torrent Pharmaceuticals's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Torrent Pharmaceuticals's 3-Year Dividend Growth Rate falls into.



Torrent Pharmaceuticals 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Torrent Pharmaceuticals  (BOM:500420) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Torrent Pharmaceuticals's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0/ 13.37
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Torrent Pharmaceuticals was 0.64. The lowest was 0.23. And the median was 0.40.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Torrent Pharmaceuticals Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 6.0000002024-06-212024-06-212024-07-31Cash Dividendsemi-annuallyINR:INR 1.000000
INR 22.0000002024-02-122024-02-122024-02-23Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Torrent Pharmaceuticals's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=28/3347.65
=0.84 %

Current Share Price is ₹3347.65.
Torrent Pharmaceuticals's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹28.

During the past 13 years, the highest Dividend Yield of Torrent Pharmaceuticals was 2.80%. The lowest was 0.58%. And the median was 1.00%.

Warning Sign:

Torrent Pharmaceuticals Ltd stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Torrent Pharmaceuticals 3-Year Dividend Growth Rate Related Terms>


Torrent Pharmaceuticals Business Description

Traded in Other Exchanges
Address
Off Ashram Road, Torrent House, Ahmedabad, GJ, IND, 380009
Torrent Pharmaceuticals Ltd is a drug manufacturing company with a focus on the cardiovascular, central nervous system, and gastrointestinal therapeutic areas. It operates through the Generic Formulation Business segment. Geographically, the business activities are carried out across Indian and International markets. Maximum revenue for the company is generated from its operations in India.

Torrent Pharmaceuticals Headlines

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