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Strides Pharma Science (NSE:STAR) Dividend Yield % : 0.17% (As of Jun. 07, 2024)


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What is Strides Pharma Science Dividend Yield %?

As of today (2024-06-07), the Trailing Annual Dividend Yield of Strides Pharma Science is 0.17%.

Warning Sign:

Strides Pharma Science Ltd stock dividend yield is close to 10-year low.

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

NSE:STAR' s Dividend Yield % Range Over the Past 10 Years
Min: 0.17   Med: 0.46   Max: 4.93
Current: 0.17

During the past 13 years, the highest Dividend Yield of Strides Pharma Science was 4.93%. The lowest was 0.17%. And the median was 0.46%.

NSE:STAR's Dividend Yield % is ranked worse than
97.22% of 504 companies
in the Drug Manufacturers industry
Industry Median: 1.83 vs NSE:STAR: 0.17

Strides Pharma Science's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Strides Pharma Science was 0.92. The lowest was 0.04. And the median was 0.16.

As of today (2024-06-07), the Forward Dividend Yield % of Strides Pharma Science is 0.17%.

Strides Pharma Science's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was -9.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Strides Pharma Science was 55.40% per year. The lowest was -23.70% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Strides Pharma Science Dividend Yield % Historical Data

The historical data trend for Strides Pharma Science'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.

Strides Pharma Science Dividend Yield % Chart

Strides Pharma Science Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 0.24 0.72 - 0.19

Strides Pharma Science Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.30 0.23 0.19

Competitive Comparison of Strides Pharma Science's Dividend Yield %

For the Drug Manufacturers - Specialty & Generic subindustry, Strides Pharma Science'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.


Strides Pharma Science's Dividend Yield % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Strides Pharma Science's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Strides Pharma Science's Dividend Yield % falls into.



Strides Pharma Science Dividend Yield % Calculation

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

Strides Pharma Science Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.5000002023-08-042023-08-042023-09-11Cash 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.

Strides Pharma Science's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.5/879.65
=0.17 %

Current Share Price is ₹879.65.
Strides Pharma Science's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.5.

Strides Pharma Science's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/879.65
=0.17 %

Current Share Price is ₹879.65.
Strides Pharma Science's Dividends per Share for the forward twelve months is calculated as ₹1.5 * 1 = ₹1.5.

* 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.


Strides Pharma Science  (NSE:STAR) 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.


Strides Pharma Science Dividend Yield % Related Terms

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Strides Pharma Science (NSE:STAR) Business Description

Traded in Other Exchanges
Address
Strides House, Bannerghatta Road, Bilekahalli, Bengaluru, KA, IND, 560 076
Strides Pharma Science Ltd is a specialty and generic drug manufacturer. The company focuses on developing niche and complex pharmaceutical products across therapeutic segments for regulated and emerging markets. Strides' emerging-market strategy focuses on branded generics for the treatment of chronic therapies. The company considers merger and acquisition investment as a potential component of its operational growth strategy for expanding its research, development, manufacturing, and marketing capabilities.

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