Wockhardt Limited, a pharmaceutical and biotechnology company, manufactures and markets active pharmaceutical ingredients, formulations, bio-similars, and vaccines in India, the United States, the United Kingdom, Ireland, Mexico, Russia, and internationally. It develops various molecules primarily in the areas of infectious diseases, such as WCK 5222, WCK 4282, WCK 4873, WCK 771 and WCK 2349, and WCK 6777 molecules. The company's biopharmaceutical products include Glaritus, an insulin analog; Wosulin, an r-DNA insulin; Wepox, a recombinant erythropoietin that is used in the treatment of anemia caused by cancer and chronic renal failure; and Biovac-B, a hepatitis B vaccine. It also provides contract manufacturing services for sterile injectables, lyophilization, and other dosage forms; and research services. The company was founded in 1967 and is headquartered in Mumbai, India. Wockhardt Limited is a subsidiary of Themisto Trustee Company Private Limited.
Wockhardt Dividend Announcement
• Wockhardt announced a semi annually dividend of ₹10.00 per ordinary share which will be made payable on 2016-11-25. Ex dividend date: 2016-11-17
• Wockhardt's trailing twelve-month (TTM) dividend yield is -%
Wockhardt Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2016-11-17 | ₹10.00 | semi annually | 2016-11-25 |
2014-11-13 | ₹20.00 | semi annually | 2014-12-02 |
2014-02-17 | ₹5.00 | semi annually | 2014-03-11 |
2013-11-07 | ₹5.00 | semi annually | 2013-11-24 |
2013-08-22 | ₹5.00 | semi annually | 2013-10-02 |
2008-04-17 | ₹2.50 | semi annually | 2008-06-01 |
2007-10-26 | ₹8.75 | semi annually | 2007-12-01 |
2007-03-22 | ₹5.00 | semi annually | 2007-04-01 |
2006-06-21 | ₹5.00 | semi annually | 2006-07-08 |
2005-04-12 | ₹5.00 | semi annually | 2005-04-29 |
2004-04-28 | ₹7.50 | semi annually | 2004-05-22 |
2003-06-03 | ₹6.50 | semi annually | 2003-06-20 |
Wockhardt Dividend per year
Wockhardt Dividend growth
Wockhardt Dividend Yield
Wockhardt current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Wockhardt stock? Use our calculator to estimate your expected dividend yield:
Wockhardt Financial Ratios
Wockhardt Dividend FAQ
Other factors to consider when evaluating Wockhardt 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.
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1. Determination of Dividend: Wockhardt'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, Wockhardt 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, Wockhardt 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 Wockhardt 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.
1. Record Date: Wockhardt 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, Wockhardt distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Wockhardt 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.
To assess the safety of Wockhardt'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 Wockhardt'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.