Dr. Lal PathLabs Limited provides diagnostic and related healthcare tests and services in India and internationally. It operates laboratories for carrying the pathological investigations of various branches of bio-chemistry, hematology, histopathology, microbiology, electrophoresis, immuno-chemistry, immunology, virology, cytology, and other pathological and radiological investigations. The company also offers lab staff training; technical; and lab management services. As of March 31, 2022, the company had 277 clinical laboratories, including National Reference Lab at Delhi and Regional Reference Lab at Kolkata; and 4,731 patient service centers and 10,599 pick-up points. Dr. Lal PathLabs Limited was founded in 1949 and is based in Gurugram, India.
Dr. Lal PathLabs Dividend Announcement
• Dr. Lal PathLabs announced a quarterly dividend of ₹6.00 per ordinary share which will be made payable on 2024-11-22. Ex dividend date: 2024-11-05
• Dr. Lal PathLabs annual dividend for 2024 was ₹30.00
• Dr. Lal PathLabs annual dividend for 2023 was ₹12.00
• Dr. Lal PathLabs's trailing twelve-month (TTM) dividend yield is 0.96%
• Dr. Lal PathLabs's dividend growth over the last five years (2018-2023) was 16.89% year
Dr. Lal PathLabs Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | ₹6.00 | quarterly | 2024-11-22 |
2024-08-20 | ₹6.00 | quarterly | 2024-09-06 |
2024-06-10 | ₹6.00 | quarterly | 2024-07-29 |
2024-02-13 | ₹12.00 | quarterly | 2024-03-02 |
2023-08-11 | ₹12.00 | quarterly | 2023-10-12 |
2022-08-05 | ₹6.00 | quarterly | 2022-08-27 |
2022-06-22 | ₹6.00 | quarterly | 2022-07-29 |
2021-08-18 | ₹6.00 | quarterly | 2021-08-28 |
2021-07-20 | ₹8.00 | quarterly | 2021-08-23 |
2021-02-09 | ₹6.00 | quarterly | 2021-02-27 |
2020-11-18 | ₹6.00 | quarterly | 2020-12-05 |
2020-03-05 | ₹6.00 | quarterly | 2020-03-26 |
2019-11-20 | ₹6.00 | quarterly | 2019-12-08 |
2019-08-02 | ₹3.50 | quarterly | 2019-09-11 |
2018-11-19 | ₹2.50 | quarterly | 2018-12-06 |
2018-08-03 | ₹3.00 | quarterly | 2018-09-12 |
2017-11-20 | ₹1.50 | quarterly | 2017-12-09 |
2017-07-12 | ₹1.70 | quarterly | 2017-08-19 |
2017-02-13 | ₹1.30 | quarterly | 2017-03-04 |
2016-07-20 | ₹2.45 | quarterly | 2016-08-27 |
Dr. Lal PathLabs Dividend per year
Dr. Lal PathLabs Dividend growth
Dr. Lal PathLabs Dividend Yield
Dr. Lal PathLabs current trailing twelve-month (TTM) dividend yield is 0.96%. Interested in purchasing Dr. Lal PathLabs stock? Use our calculator to estimate your expected dividend yield:
Dr. Lal PathLabs Financial Ratios
Dr. Lal PathLabs Dividend FAQ
Other factors to consider when evaluating Dr. Lal PathLabs 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.
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1. Determination of Dividend: Dr. Lal PathLabs'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, Dr. Lal PathLabs 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, Dr. Lal PathLabs 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 Dr. Lal PathLabs 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.
1. Record Date: Dr. Lal PathLabs 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, Dr. Lal PathLabs distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dr. Lal PathLabs 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.
To assess the safety of Dr. Lal PathLabs'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 Dr. Lal PathLabs'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.