CIPLA
Cipla Ltd
₹1,420.05
Cipla Ltd Dividend 2024 : Should Cipla Ltd be a part of your dividend portfolio?
Cipla Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,13,132.18Cr. Its share price is ₹1,420.05 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cipla Ltd gave ₹8.50 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 Cipla Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Cipla Ltd has declared dividend of ₹8.50 - translating a dividend yield of 0.60%.
Let's look at Cipla Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Cipla Ltd’s revenue were ₹6,788.44Cr in the quarter ending December 2023. The revenue grew by 14.58% year on year basis since last quarter.
- Cipla Ltd’s profits were ₹1,055.90Cr in the quarter ending December 2023. The profits grew by 31.83% year on year basis since last quarter.
- Cipla Ltd’s dividend was ₹8.50 in the quarter ending March 2023.
Cipla Ltd Dividend related ratios:
- Last dividend date: 11/05/2023
- Current Dividend Yield: 0.60%
- Annual dividend payment: ₹8.50
History of Cipla Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/07/2023 | CASH | ₹8.50 | 11/05/2023 | 21/07/2023 |
08/08/2022 | CASH | ₹5 | 10/05/2022 | 10/08/2022 |
09/08/2021 | CASH | ₹5 | 14/05/2021 | 11/08/2021 |
19/03/2020 | CASH | ₹3 | 12/03/2020 | 20/03/2020 |
19/03/2020 | CASH | ₹1 | 12/03/2020 | 20/03/2020 |
View More
