Titan Biotech Ltd. is a holding company, which engages in manufacturing and exporting of biological products used in the field of Pharmaceutical, Nutraceutical, Food & Beverages, Biotechnology & Fermentation, Cosmetic, Veterinary & Animal Feed, Agriculture Industries, Microbiology Culture Media & Plant Tissue Culture Media. The company was founded on February 18, 1992 and is headquartered in New Delhi, India.
Titan Biotech Dividend Announcement
• Titan Biotech announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23 • Titan Biotech annual dividend for 2024 was ₹2.00 • Titan Biotech annual dividend for 2023 was ₹1.80 • Titan Biotech's trailing twelve-month (TTM) dividend yield is 0.25%
Titan Biotech current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Titan Biotech stock? Use our calculator to estimate your expected dividend yield:
Titan Biotech Financial Ratios
P/E ratio25.78
PEG ratio0.40
P/B ratio4.49
ROE25.62%
Payout ratio0.00%
Current ratio3.97
Quick ratio1.83
Cash Ratio0.35
Titan Biotech Dividend FAQ
How much is the next Titan Biotech dividend?
Titan Biotech's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Titan Biotech dividend. The next Titan Biotech dividend will be released in September.
When is Titan Biotech dividend paid?
Titan Biotech pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Titan Biotech pay?
The specific amount of Titan Biotech dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Titan Biotech's dividend history.
Does Titan Biotech stock pay dividends?
Yes, Titan Biotech does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Titan Biotech's dividend history.
How much dividend does Titan Biotech pay?
Titan Biotech paid ₹2.0 in 2024, ₹1.8 in 2023, ₹1.5 in 2022, ₹1.5 in 2021, and ₹1.0 in 2020.
How often does Titan Biotech pay dividends?
Titan Biotech typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Titan Biotech's dividend yield?
The current dividend yield for Titan Biotech is 0.25%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Titan Biotech's exact dividend yield.
When does Titan Biotech go ex dividend?
Titan Biotech's ex-dividend date for the latest dividend was on 2024-09-23. Titan Biotech typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Titan Biotech dividend paid?
Titan Biotech pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Titan Biotech increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Titan Biotech will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Titan Biotech dividend per share?
Titan Biotech paid ₹2.0 per share in 2024 and ₹1.8 per share in 2023. The amount of dividend per share that Titan Biotech pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Titan Biotech a dividend aristocrat?
No, 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 Titan Biotech a dividend king?
No, 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 Titan Biotech a dividend stock?
Yes, Titan Biotech is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Titan Biotech a good dividend stock?
Whether Titan Biotech is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Titan Biotech has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Titan Biotech as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Titan Biotech pay dividends monthly?
Titan Biotech typically pays dividends on a annually basis.
Does Titan Biotech pay dividends quarterly?
Titan Biotech currently pays dividends on a annually basis.
Has Titan Biotech ever paid a dividend?
Yes, Titan Biotech has a history of paying dividends to its shareholders. Titan Biotech is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Titan Biotech dividend stocks?
To buy Titan Biotech 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Titan Biotech 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.
When does Titan Biotech pay dividends 2024?
Titan Biotech pays dividends on a annually basis. 2024 dividend payments are in 2024-10-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Titan Biotech increase its dividend in 2024?
Decisions regarding Titan Biotech dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Titan Biotech dividend overview you can look into the above table of dividend history.
How Titan Biotech dividend works?
The Titan Biotech dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Titan Biotech's dividend process works:
1. Determination of Dividend: Titan Biotech's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Titan Biotech publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Titan Biotech distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Titan Biotech are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Titan Biotech dividends paid?
Titan Biotech dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Titan Biotech sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Titan Biotech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Titan Biotech declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Titan Biotech pay dividends?
Titan Biotech typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Titan Biotech pay dividends?
The general pattern is that Titan Biotech pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Titan Biotech dividend safe?
The safety of Titan Biotech's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Titan Biotech's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Titan Biotech's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.