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ALKEM

Alkem Laboratories Ltd

₹5,456.25

Alkem Laboratories Ltd Dividend 2024 : Should Alkem Laboratories Ltd be a part of your dividend portfolio?

Alkem Laboratories Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹63,475.27Cr. Its share price is ₹5,456.25 as on 23 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Alkem Laboratories Ltd gave ₹85 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Alkem Laboratories Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Alkem Laboratories Ltd has declared dividend of ₹35 - translating a dividend yield of 1.56%.

Let's look at Alkem Laboratories Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Alkem Laboratories Ltd’s revenue were ₹3,417.51Cr in the quarter ending December 2023. The revenue grew by 10.73% year on year basis since last quarter.
  • Alkem Laboratories Ltd’s profits were ₹594.96Cr in the quarter ending December 2023. The profits grew by 30.84% year on year basis since last quarter.
  • Alkem Laboratories Ltd’s dividend was ₹35 in the quarter ending December 2023.

Alkem Laboratories Ltd Dividend related ratios:

  • Last dividend date: 09/02/2024
  • Current Dividend Yield: 1.56%
  • Annual dividend payment: ₹85

Alkem Laboratories Ltd Dividend v/s Alkem Laboratories Ltd Share price

History of Alkem Laboratories Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
16/02/2024
CASH
₹35
09/02/2024
17/02/2024
10/08/2023
CASH
₹10
19/05/2023
10/08/2023
17/02/2023
CASH
₹15
10/02/2023
18/02/2023
17/02/2023
CASH
₹25
10/02/2023
18/02/2023
08/08/2022
CASH
₹4
13/05/2022
10/08/2022
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FAQs

Alkem Laboratories Ltd current market price is ₹5,456.25 per share

Alkem Laboratories Ltd has declared dividend worth ₹35 in the last year.

Alkem Laboratories Ltd has declared dividend worth ₹35 in the latest quarter.

Alkem Laboratories Ltd has declared dividend on 09/02/2024 of ₹35.

Alkem Laboratories Ltd has declared dividend 2 times of ₹45 in the previous financial year (FY2023-2024)