GLS
Glenmark Life Sciences Ltd
₹852.85
Glenmark Life Sciences Ltd Dividend 2024 : Should Glenmark Life Sciences Ltd be a part of your dividend portfolio?
Glenmark Life Sciences Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹10,425.84Cr. Its share price is ₹852.85 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Glenmark Life Sciences Ltd gave ₹43.50 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 Glenmark Life Sciences Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Glenmark Life Sciences Ltd has declared dividend of ₹22.50 - translating a dividend yield of 5.10%.
Let's look at Glenmark Life Sciences Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Glenmark Life Sciences Ltd’s revenue were ₹539.73Cr in the quarter ending March 2024. The revenuefell by -13.53% year on year basis since last quarter.
- Glenmark Life Sciences Ltd’s profits were ₹97.94Cr in the quarter ending March 2024. The profits fell by -33.08% year on year basis since last quarter.
- Glenmark Life Sciences Ltd’s dividend was ₹22.50 in the quarter ending September 2023.
Glenmark Life Sciences Ltd Dividend related ratios:
- Last dividend date: 09/10/2023
- Current Dividend Yield: 5.10%
- Annual dividend payment: ₹43.50
History of Glenmark Life Sciences Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/10/2023 | CASH | ₹22.50 | 09/10/2023 | 17/10/2023 |
24/03/2023 | CASH | ₹21 | 16/03/2023 | 24/03/2023 |
15/09/2022 | CASH | ₹10.50 | 21/04/2022 | 17/09/2022 |
22/11/2021 | CASH | ₹10.50 | 10/11/2021 | 23/11/2021 |
