Albert David Limited manufactures and trades in pharmaceutical formulations, infusion solutions, herbal dosage forms, bulk drugs, and disposable syringes and needles in India. It offers formulations for parenterals, oral/enteral, topical agents, and vision care products. The company also exports its products to Latin American, Southeast Asian, and other African countries. The company was incorporated in 1938 and is headquartered in Kolkata, India.
Albert David Dividend Announcement
• Albert David announced a annually dividend of ₹11.50 per ordinary share which will be made payable on 2024-09-08. Ex dividend date: 2024-08-02 • Albert David annual dividend for 2024 was ₹11.50 • Albert David annual dividend for 2023 was ₹9.00 • Albert David's trailing twelve-month (TTM) dividend yield is 0.91% • Albert David's dividend growth over the last five years (2018-2023) was 10.35% year
Albert David current trailing twelve-month (TTM) dividend yield is 0.91%. Interested in purchasing Albert David stock? Use our calculator to estimate your expected dividend yield:
Albert David Financial Ratios
P/E ratio10.21
PEG ratio-1.29
P/B ratio1.89
ROE19.30%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Albert David Dividend FAQ
How much is the next Albert David dividend?
Albert David's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Albert David dividend. The next Albert David dividend will be released in August.
When is Albert David dividend paid?
Albert David pays dividends on a annually basis. The specific dates may vary each year but are generally around August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Albert David pay?
The specific amount of Albert David dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Albert David's dividend history.
Does Albert David stock pay dividends?
Yes, Albert David does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Albert David's dividend history.
How much dividend does Albert David pay?
Albert David paid ₹11.5 in 2024, ₹9.0 in 2023, ₹9.0 in 2022, ₹6.0 in 2021, and ₹7.0 in 2020.
How often does Albert David pay dividends?
Albert David typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Albert David's dividend yield?
The current dividend yield for Albert David is 0.91%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Albert David's exact dividend yield.
When does Albert David go ex dividend?
Albert David's ex-dividend date for the latest dividend was on 2024-08-02. Albert David typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Albert David dividend paid?
Albert David pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Albert David increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Albert David will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Albert David dividend per share?
Albert David paid ₹11.5 per share in 2024 and ₹9.0 per share in 2023. The amount of dividend per share that Albert David pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Albert David a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Albert David a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Albert David a dividend stock?
Yes, Albert David is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Albert David a good dividend stock?
Whether Albert David is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Albert David has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Albert David as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Albert David pay dividends monthly?
Albert David typically pays dividends on a annually basis.
Does Albert David pay dividends quarterly?
Albert David currently pays dividends on a annually basis.
Has Albert David ever paid a dividend?
Yes, Albert David has a history of paying dividends to its shareholders. Albert David is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Albert David dividend stocks?
To buy Albert David you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Albert David stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Albert David pay dividends 2024?
Albert David pays dividends on a annually basis. 2024 dividend payments are in 2024-09-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Albert David increase its dividend in 2024?
Decisions regarding Albert David dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Albert David dividend overview you can look into the above table of dividend history.
How Albert David dividend works?
The Albert David dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Albert David's dividend process works:
1. Determination of Dividend: Albert David's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Albert David publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Albert David distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Albert David are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Albert David dividends paid?
Albert David dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Albert David sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Albert David distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Albert David declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Albert David pay dividends?
Albert David typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Albert David pay dividends?
The general pattern is that Albert David pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Albert David dividend safe?
The safety of Albert David's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Albert David's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Albert David's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.