There’s A Lot To Like About Ajanta Pharma Limited’s (NSE:AJANTPHARM) Upcoming 1.3% Dividend
Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Ajanta Pharma Limited (NSE:AJANTPHARM) is about to trade ex-dividend in the next 3 days. You will need to purchase shares before the 15th of November to receive the dividend, which will be paid on the 5th of December.
Ajanta Pharma’s upcoming dividend is ₹13.0 a share, following on from the last 12 months, when the company distributed a total of ₹13.0 per share to shareholders. Based on the last year’s worth of payments, Ajanta Pharma has a trailing yield of 1.3% on the current stock price of ₹988.8. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether Ajanta Pharma can affor ...