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Indoco Remedies Ltd

₹325.20

Indoco Remedies Ltd Dividend 2024 : 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 ₹2,998.69Cr. Its share price is ₹325.20 as on 21 June,2024.

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 0.69%.

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 ₹472.03Cr in the quarter ending March 2024. The revenue grew by 10.12% year on year basis since last quarter.
  • Indoco Remedies Ltd’s profits were ₹22.70Cr in the quarter ending March 2024. The profits fell by -12.05% 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: 0.69%
  • Annual dividend payment: ₹2.25

Indoco Remedies Ltd Dividend v/s Indoco Remedies Ltd Share price

History of Indoco Remedies Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Indoco Remedies Ltd current market price is ₹325.20 per share

Indoco Remedies Ltd has declared dividend worth ₹2.25 in the latest quarter.

Indoco Remedies Ltd has declared dividend on 23/05/2023 of ₹2.25.

Indoco Remedies Ltd has declared dividend 1 times of ₹2.25 in the previous financial year (FY2023-2024)