INDOCO
Indoco Remedies Ltd
₹335.55
Indoco Remedies Ltd Dividend 2023 : Should Indoco Remedies Ltd be a part of your dividend portfolio?
Indoco Remedies Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹3,081.05Cr. Its share price is ₹335.55 as on 29 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Indoco Remedies Ltd gave ₹2.25 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 Indoco Remedies Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Indoco Remedies Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.67%.
Let's look at Indoco Remedies Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Indoco Remedies Ltd’s revenue were ₹426.91Cr in the quarter ending June 2023. The revenue grew by 4.29% year on year basis since last quarter.
- Indoco Remedies Ltd’s profits were ₹24.39Cr in the quarter ending June 2023. The profits fell by -36.76% year on year basis since last quarter.
- Indoco Remedies Ltd’s dividend was ₹2.25 in the quarter ending March 2023.
Indoco Remedies Ltd Dividend related ratios:
- Last dividend date: 23/05/2023
- Current Dividend Yield: 0.67%
- Annual dividend payment: ₹2.25
History of Indoco Remedies Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/09/2023 | CASH | ₹2.25 | 23/05/2023 | 19/09/2023 |
14/09/2022 | CASH | ₹1.50 | 17/05/2022 | 15/09/2022 |
14/09/2022 | CASH | ₹0.75 | 17/05/2022 | 16/09/2022 |
17/09/2021 | CASH | ₹1.50 | 25/05/2021 | 21/09/2021 |
18/09/2020 | CASH | ₹0.30 | 24/06/2020 | 22/09/2020 |
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