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Concord Biotech (BOM:543960) Dividend Yield % : 0.41% (As of Dec. 15, 2024)


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What is Concord Biotech Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Concord Biotech is 0.41%.

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

BOM:543960' s Dividend Yield % Range Over the Past 10 Years
Min: 0.34   Med: 0.47   Max: 0.56
Current: 0.41

During the past 5 years, the highest Dividend Yield of Concord Biotech was 0.56%. The lowest was 0.34%. And the median was 0.47%.

BOM:543960's Dividend Yield % is ranked worse than
84.28% of 159 companies
in the Biotechnology industry
Industry Median: 1.39 vs BOM:543960: 0.41

Concord Biotech's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

During the past 5 years, the highest Dividend Payout Ratio of Concord Biotech was 0.28. The lowest was 0.00. And the median was 0.00.

As of today (2024-12-15), the Forward Dividend Yield % of Concord Biotech is 0.41%.

Concord Biotech's Dividends per Share for the three months ended in Sep. 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.


Concord Biotech Dividend Yield % Historical Data

The historical data trend for Concord Biotech'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.

Concord Biotech Dividend Yield % Chart

Concord Biotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
- - - - -

Concord Biotech Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.57 0.43

Competitive Comparison of Concord Biotech's Dividend Yield %

For the Biotechnology subindustry, Concord Biotech'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.


Concord Biotech's Dividend Yield % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Concord Biotech's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Concord Biotech's Dividend Yield % falls into.



Concord Biotech Dividend Yield % Calculation

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

Concord Biotech Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 8.7500002024-06-212024-06-232024-07-23Cash DividendannuallyINR: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.

Concord Biotech's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=8.75/2114.70
=0.41 %

Current Share Price is ₹2114.70.
Concord Biotech's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹8.75.

Concord Biotech's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=8.75/2114.70
=0.41 %

Current Share Price is ₹2114.70.
Concord Biotech's Dividends per Share for the forward twelve months is calculated as ₹8.75 * 1 = ₹8.75.

* 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.


Concord Biotech  (BOM:543960) 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.


Concord Biotech Dividend Yield % Related Terms

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Concord Biotech Business Description

Traded in Other Exchanges
Address
Iscon Cross Road, S.G. Highway, B-1601-1602, B-Wing, Mondeal Heights, Ahmedabad, GJ, IND, 380015
Concord Biotech Ltd is a research and development-driven biopharma company that manufactures Active Pharmaceutical Ingredients (API) through fermentation and semi-synthetic process and finished formulations. It is mainly engaged in the business of manufacturing and trading in pharmaceutical products.

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