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Novartis India Ltd

₹1,161.20

Novartis India Ltd Dividend 2024 : Should Novartis India Ltd be a part of your dividend portfolio?

Novartis India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,862.90Cr. Its share price is ₹1,161.20 as on 12 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Novartis India Ltd gave ₹72.50 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 Novartis India Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Novartis India Ltd has declared dividend of ₹25 - translating a dividend yield of 6.24%.

Let's look at Novartis India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Novartis India Ltd’s revenue were ₹91.59Cr in the quarter ending March 2024. The revenuefell by -0.98% year on year basis since last quarter.
  • Novartis India Ltd’s profits were ₹14.68Cr in the quarter ending March 2024. The profits fell by -41.33% year on year basis since last quarter.
  • Novartis India Ltd’s dividend was ₹25 in the quarter ending March 2024.

Novartis India Ltd Dividend related ratios:

  • Last dividend date: 10/05/2024
  • Current Dividend Yield: 6.24%
  • Annual dividend payment: ₹72.50

Novartis India Ltd Dividend v/s Novartis India Ltd Share price

History of Novartis India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
23/07/2024
CASH
₹25
10/05/2024
24/07/2024
20/07/2023
CASH
₹10
10/05/2023
21/07/2023
20/07/2023
CASH
₹37.50
10/05/2023
21/07/2023
20/07/2022
CASH
₹10
19/05/2022
22/07/2022
17/08/2021
CASH
₹10
17/06/2021
20/08/2021
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FAQs

Novartis India Ltd current market price is ₹1,161.20 per share

Novartis India Ltd has declared dividend worth ₹25 in the last year.

Novartis India Ltd has declared dividend worth ₹25 in the latest quarter.

Novartis India Ltd has declared dividend on 10/05/2024 of ₹25.

Novartis India Ltd has declared dividend 1 times of ₹25 in the current financial year (FY2024-2025)

Novartis India Ltd has declared dividend 2 times of ₹47.50 in the previous financial year (FY2023-2024)