DIVISLAB
Divis Laboratories Ltd
₹4,002.40
Divis Laboratories Ltd Dividend 2024 : Should Divis Laboratories Ltd be a part of your dividend portfolio?
Divis Laboratories Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,06,191.41Cr. Its share price is ₹4,002.40 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Divis Laboratories Ltd gave ₹60 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 Divis Laboratories Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Divis Laboratories Ltd has declared dividend of ₹30 - translating a dividend yield of 1.50%.
Let's look at Divis Laboratories Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Divis Laboratories Ltd’s revenue were ₹1,950Cr in the quarter ending December 2023. The revenue grew by 7.08% year on year basis since last quarter.
- Divis Laboratories Ltd’s profits were ₹358Cr in the quarter ending December 2023. The profits grew by 16.99% year on year basis since last quarter.
- Divis Laboratories Ltd’s dividend was ₹30 in the quarter ending March 2023.
Divis Laboratories Ltd Dividend related ratios:
- Last dividend date: 20/05/2023
- Current Dividend Yield: 1.50%
- Annual dividend payment: ₹60
History of Divis Laboratories Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
11/08/2023 | CASH | ₹30 | 20/05/2023 | 11/08/2023 |
11/08/2022 | CASH | ₹30 | 23/05/2022 | 12/08/2022 |
17/08/2021 | CASH | ₹20 | 29/05/2021 | 20/08/2021 |
25/02/2020 | CASH | ₹16 | 12/02/2020 | 26/02/2020 |
14/08/2019 | CASH | ₹16 | 27/05/2019 | 17/08/2019 |
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