2 Small-Cap Pharma Stock Turning Ex-Dividend Tomorrow: Details Here

Two pharma stock namely Zydus Wellness Ltd. and RPG Life Sciences Ltd. are turning ex-dividend tomorrow. The market capitalization of RPG Lifesciences is 953 crore and Zydus Wellness is Rs 9,946 crore. The ex-dividend date decides which shareholders would obtain the declared dividend of the company on that particular date. It is the day when the stock of the company turns ex-dividend. Check below key details:

1. Zydus Wellness Ltd

The current market price of the stock is Rs 1563.05 apiece. The 52-week high is Rs 2,476 apiece and 52-week low is Rs 1430 apiece, respectively. It is currently trading at a discount of 37% from its highs. It has registered strong annual EPS growth. The PE of the stock is 32.20 which is lesser than sector PE of 62.12. The EPS is 48.54. The dividend yield of the stock is 0.32. The stock is scheduled to turn ex-dividend tomorrow. It had declared an equity dividend of 50% or Rs 5.00 per share. It has a good dividend history and consistently declared dividend in the last 5 years. The stock has given returns of 76% in the last 5 years.

The record date is 15 July.

2. RPG Life Sciences Ltd

The current market price of the stock is Rs 576.65 apiece. The 52-week high is 752.45 apiece and 52-week low is Rs 446.65 apiece. It is a company with strong financials. The PE is 18.52 which is lesser than sector PE of 29.51. The EPS is 31.13. Dividend yield is 1.66. It is currently trading at a discount of 23% from its highs. It has given a return of 50% in the last 5 years.
The stock is announced an equity dividend of 120% or Rs 9.6 per share. It has a good dividend history and declared dividend for the last five years regularly.

The record date is 15 July.

Disclaimer

The above is the list of stocks that will go ex-dividend tomorrow. Readers should not construe the story for investment advice into the mentioned stocks.