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DIVISLAB

Divis Laboratories Ltd

₹3,929

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 ₹1,04,234.91Cr. Its share price is ₹3,929 as on 20 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 1.53%.

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: 1.53%
  • Annual dividend payment: ₹60

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

History of Divis Laboratories Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Divis Laboratories Ltd current market price is ₹3,929 per share

Divis Laboratories Ltd has declared dividend worth ₹30 in the latest quarter.

Divis Laboratories Ltd has declared dividend on 20/05/2023 of ₹30.

Divis Laboratories Ltd has declared dividend 1 times of ₹30 in the previous financial year (FY2023-2024)