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Parnax Lab (BOM:506128) Dividend Yield % : 0.00% (As of Sep. 25, 2024)


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What is Parnax Lab Dividend Yield %?

As of today (2024-09-25), the Trailing Annual Dividend Yield of Parnax Lab is 0.00%.

The historical rank and industry rank for Parnax Lab's Dividend Yield % or its related term are showing as below:

BOM:506128's Dividend Yield % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.9
* Ranked among companies with meaningful Dividend Yield % only.

Parnax Lab's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.00.

As of today (2024-09-25), the Forward Dividend Yield % of Parnax Lab is 0.00%.

Parnax Lab's Dividends per Share for the three months ended in Jun. 2024 was ₹0.00.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Parnax Lab Dividend Yield % Historical Data

The historical data trend for Parnax Lab's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Parnax Lab Dividend Yield % Chart

Parnax Lab Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
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Parnax Lab Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Parnax Lab's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Parnax Lab's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Parnax Lab's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Parnax Lab's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Parnax Lab's Dividend Yield % falls into.



Parnax Lab Dividend Yield % Calculation

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


Parnax Lab  (BOM:506128) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Parnax Lab Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Parnax Lab's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Parnax Lab Business Description

Traded in Other Exchanges
N/A
Address
104 - 107, Building No. 8, Gala No. 114, Jogani Industrial Complex, Panchsheel Nagar, Next to Modi Hyundai Service Centre, Chunabhatti, Sion, Mumbai, MH, IND, 400 022
Parnax Lab Ltd is principally engaged in the manufacturing and export of Pharmaceutical Formulations. Its product categories include Pharmaceuticals; Cosmetics; Herbal and Nutraceuticals. The company is developing and delivering Oral Formulations such as Cough Expectorants, Antacids, Anti-Histamines, Multi-Vitamins, Enzyme Preparations, Pediatric Formulations, Special Formulations for Geriatrics, Highly Viscous Products, Suspensions, and others.

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