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Torrent Pharmaceuticals Limited engages in the research, development, manufacturing, and marketing of generic pharmaceutical formulations in India, the United States, Germany, Brazil, and internationally. It offers products in various therapeutic areas, including cardiovascular, central nervous system, gastrointestinal, women healthcare, diabetology, pain management, gynecology, oncology, and anti-infective, as well as provides vitamins, minerals, and nutrients. The company also provides contract manufacturing services. It has licensing collaborations of Baricitinib, Molnupiravir, and Paxlovid for its Covid portfolio. Torrent Pharmaceuticals Limited was formerly known as Trinity Laboratories and changed its name to Torrent Pharmaceuticals Limited in 1971. The company was founded in 1959 and is based in Ahmedabad, India. Torrent Pharmaceuticals Limited is a subsidiary of Torrent Investments Private Limited.

Torrent Pharmaceuticals Dividend Announcement

Torrent Pharmaceuticals announced a semi annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-06-21
Torrent Pharmaceuticals annual dividend for 2024 was ₹28.00
Torrent Pharmaceuticals annual dividend for 2023 was ₹22.00
Torrent Pharmaceuticals's trailing twelve-month (TTM) dividend yield is 0.9%
Torrent Pharmaceuticals's dividend growth over the last five years (2018-2023) was 9.46% year
Torrent Pharmaceuticals's dividend growth over the last ten years (2013-2023) was 3.24% year

Torrent Pharmaceuticals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-21₹6.00semi annually2024-08-22
2024-02-12₹22.00semi annually
2023-06-23₹8.00semi annually2023-09-06
2023-02-03₹14.00semi annually2023-02-24
2022-06-03₹15.00semi annually2022-08-28
2022-02-02₹25.00semi annually2022-02-24
2021-06-17₹15.00semi annually2021-07-30
2021-02-15₹20.00semi annually2021-03-10
2020-03-18₹15.00semi annually2020-04-10
2019-06-13₹4.00semi annually2019-08-22
2019-02-06₹13.00semi annually2019-03-01
2018-06-18₹5.00semi annually2018-09-01
2018-02-15₹9.00semi annually2018-02-23
2017-06-19₹4.00semi annually2017-08-30
2017-02-10₹10.00semi annually2017-02-17
2016-03-16₹15.00semi annually2016-03-23
2016-02-11₹20.00semi annually2016-03-05
2015-06-15₹6.25semi annually2015-07-31
2015-02-02₹5.00semi annually2015-02-27
2014-06-16₹5.00semi annually2014-08-29
2014-01-24₹5.00semi annually2014-02-03
2013-06-10₹10.00semi annually2013-08-25
2013-02-01₹6.00semi annually2013-02-08

Torrent Pharmaceuticals Dividend per year

Torrent Pharmaceuticals Dividend growth

Torrent Pharmaceuticals Dividend Yield

Torrent Pharmaceuticals current trailing twelve-month (TTM) dividend yield is 0.9%. Interested in purchasing Torrent Pharmaceuticals stock? Use our calculator to estimate your expected dividend yield:

Torrent Pharmaceuticals Financial Ratios

P/E ratio58.59
PEG ratio5.85
P/B ratio14.07
ROE25.82%
Payout ratio0.00%
Current ratio1.21
Quick ratio0.74
Cash Ratio0.24

Torrent Pharmaceuticals Dividend FAQ

How much is the next Torrent Pharmaceuticals dividend?
Torrent Pharmaceuticals's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Torrent Pharmaceuticals dividend. The next Torrent Pharmaceuticals dividend will be released in February, or June.
When is Torrent Pharmaceuticals dividend paid?
Torrent Pharmaceuticals pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and June. 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 Torrent Pharmaceuticals pay?
The specific amount of Torrent Pharmaceuticals 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 Torrent Pharmaceuticals's dividend history.
Does Torrent Pharmaceuticals stock pay dividends?
Yes, Torrent Pharmaceuticals 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 Torrent Pharmaceuticals's dividend history.
How much dividend does Torrent Pharmaceuticals pay?
Torrent Pharmaceuticals paid ₹28.0 in 2024, ₹22.0 in 2023, ₹40.0 in 2022, ₹35.0 in 2021, and ₹15.0 in 2020.
How often does Torrent Pharmaceuticals pay dividends?
Torrent Pharmaceuticals typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and June.
What is Torrent Pharmaceuticals's dividend yield?
The current dividend yield for Torrent Pharmaceuticals is 0.9%. 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 Torrent Pharmaceuticals's exact dividend yield.
When does Torrent Pharmaceuticals go ex dividend?
Torrent Pharmaceuticals's ex-dividend date for the latest dividend was on 2024-06-21. Torrent Pharmaceuticals 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 Torrent Pharmaceuticals dividend paid?
Torrent Pharmaceuticals pays dividends on a semi annually basis, typically around February, or June, but the exact dates can vary each year.
Will Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals dividend per share?
Torrent Pharmaceuticals paid ₹28.0 per share in 2024 and ₹22.0 per share in 2023. The amount of dividend per share that Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals a dividend stock?
Yes, Torrent Pharmaceuticals is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Torrent Pharmaceuticals a good dividend stock?
Whether Torrent Pharmaceuticals is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Torrent Pharmaceuticals has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Torrent Pharmaceuticals 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 Torrent Pharmaceuticals pay dividends monthly?
Torrent Pharmaceuticals typically pays dividends on a semi annually basis.
Does Torrent Pharmaceuticals pay dividends quarterly?
Torrent Pharmaceuticals currently pays dividends on a semi annually basis.
Has Torrent Pharmaceuticals ever paid a dividend?
Yes, Torrent Pharmaceuticals has a history of paying dividends to its shareholders. Torrent Pharmaceuticals is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Torrent Pharmaceuticals dividend stocks?
To buy Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals pay dividends 2024?
Torrent Pharmaceuticals pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-22. 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 Torrent Pharmaceuticals increase its dividend in 2024?
Decisions regarding Torrent Pharmaceuticals 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 Torrent Pharmaceuticals dividend overview you can look into the above table of dividend history.
How Torrent Pharmaceuticals dividend works?
The Torrent Pharmaceuticals 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 Torrent Pharmaceuticals's dividend process works:

1. Determination of Dividend: Torrent Pharmaceuticals'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, Torrent Pharmaceuticals 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, Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals dividends paid?
Torrent Pharmaceuticals dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Torrent Pharmaceuticals 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, Torrent Pharmaceuticals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Torrent Pharmaceuticals 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 Torrent Pharmaceuticals pay dividends?
Torrent Pharmaceuticals typically pays dividends on a semi 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 Torrent Pharmaceuticals pay dividends?
The general pattern is that Torrent Pharmaceuticals pays dividends around February, and June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Torrent Pharmaceuticals dividend safe?
The safety of Torrent Pharmaceuticals'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 Torrent Pharmaceuticals'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 Torrent Pharmaceuticals'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.