LAURUSLABS
Laurus Labs Ltd
₹444.65
Laurus Labs Ltd Dividend 2024 : Should Laurus Labs Ltd be a part of your dividend portfolio?
Laurus Labs Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹23,711.80Cr. Its share price is ₹444.65 as on 18 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Laurus Labs Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Healthcare stocks do not always pay a dividend but as Laurus Labs Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Laurus Labs Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.45%.
Let's look at Laurus Labs Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Laurus Labs Ltd’s revenue were ₹1,458.20Cr in the quarter ending March 2024. The revenue grew by 5.47% year on year basis since last quarter.
- Laurus Labs Ltd’s profits were ₹75.61Cr in the quarter ending March 2024. The profits fell by -26.58% year on year basis since last quarter.
- Laurus Labs Ltd’s dividend was ₹0.40 in the quarter ending March 2024.
Laurus Labs Ltd Dividend related ratios:
- Last dividend date: 25/04/2024
- Current Dividend Yield: 0.45%
- Annual dividend payment: ₹2
History of Laurus Labs Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
08/05/2024 | CASH | ₹0.40 | 25/04/2024 | 08/05/2024 |
02/11/2023 | CASH | ₹0.40 | 20/10/2023 | 02/11/2023 |
10/05/2023 | CASH | ₹1.20 | 27/04/2023 | 10/05/2023 |
03/11/2022 | CASH | ₹0.80 | 21/10/2022 | 04/11/2022 |
10/05/2022 | CASH | ₹1.20 | 28/04/2022 | 11/05/2022 |
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