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Gland Pharma Limited engages in the development, manufacture, and marketing of injectable-focused generic liquid parenteral products. The company's primary molecules include heparin sodium, enoxaparin sodium, rocuronium bromide, and daptomycin injections, as well as others. It offers its products under various therapeutic categories, such as anti-infectives, anesthetics, anti-coagulants and their antidotes, anti-malarial, cardiology, gastro-intestinal, pain management, hormones and related drugs, fertility supplements, Gnrh agonists and antagonists, anti-neoplastic, gynecological, neurological and central nervous system, respiratory, blood related, ophthalmological and otological, pain/analgesics, orthopedics, hematinic, vitamins/minerals/nutrients, and others. The company also provides contract development services. It sells its products primarily under a business to business in the United States, Europe, Canada, Australia, India, and internationally. The company was incorporated in 1978 and is based in Hyderabad, India. Gland Pharma Limited is a subsidiary of Fosun Pharma Industrial Pte. Ltd.

Gland Pharma Dividend Announcement

• Gland Pharma announced a annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-09-29. Ex dividend date: 2024-08-16
• Gland Pharma annual dividend for 2024 was ₹20.00
• Gland Pharma's trailing twelve-month (TTM) dividend yield is 1.13%

Gland Pharma Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-16₹20.00annually2024-09-29

Gland Pharma Dividend per year

Gland Pharma Dividend Yield

Gland Pharma current trailing twelve-month (TTM) dividend yield is 1.13%. Interested in purchasing Gland Pharma stock? Use our calculator to estimate your expected dividend yield:

Gland Pharma Financial Ratios

P/E ratio42.24
PEG ratio0.42
P/B ratio3.32
ROE8.01%
Payout ratio0.00%
Current ratio4.16
Quick ratio3.14
Cash Ratio1.83

Gland Pharma Dividend FAQ

Does Gland Pharma stock pay dividends?
Gland Pharma does not currently pay dividends to its shareholders.
Has Gland Pharma ever paid a dividend?
No, Gland Pharma has no a history of paying dividends to its shareholders. Gland Pharma is not known for its dividend payments.
Why doesn't Gland Pharma pay dividends?
There are several potential reasons why Gland Pharma would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Gland Pharma ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Gland Pharma has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Gland Pharma a dividend aristocrat?
Gland Pharma is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Gland Pharma a dividend king?
Gland Pharma is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Gland Pharma a dividend stock?
No, Gland Pharma is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Gland Pharma stocks?
To buy Gland Pharma you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Gland Pharma stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.