Dr. Reddy's Laboratories Limited, together with its subsidiaries, operates as an integrated pharmaceutical company worldwide. It operates through Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), Proprietary Products, and Others segments. The company's Global Generics segment manufactures and markets prescription and over-the-counter finished pharmaceutical products that are marketed under a brand name or as a generic finished dosages with therapeutic equivalence to branded formulations. This segment also engages in the biologics business. The PSAI segment manufactures and markets active pharmaceutical ingredients and intermediates, which are principal ingredients for finished pharmaceutical products. This segment also provides contract research services; and manufactures and sells active pharmaceutical ingredients and steroids in accordance with the specific customer requirements. Its Proprietary Products segment focuses on the research and development of differentiated formulations. The Others segment engages in developing therapies in the fields of oncology and inflammation. The therapeutic categories primarily include gastro-intestinal, cardiovascular, anti-diabetic, dermatology, oncology, respiratory, stomatology, urology, and nephrology. The company has a collaboration, license, and option agreement with Curis, Inc. to discover, develop, and commercialize small molecule antagonists for immuno-oncology and precision oncology targets. Dr. Reddy's Laboratories Limited was incorporated in 1984 and is headquartered in Hyderabad, India.
Dr. Reddy's Laboratories Dividend Announcement
• Dr. Reddy's Laboratories announced a semi annually dividend of $2.40 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-07-30
• Dr. Reddy's Laboratories annual dividend for 2024 was $2.40
• Dr. Reddy's Laboratories annual dividend for 2023 was $4.88
• Dr. Reddy's Laboratories's trailing twelve-month (TTM) dividend yield is 3.35%
• Dr. Reddy's Laboratories's payout ratio for the trailing twelve months (TTM) is 12.49%
• Dr. Reddy's Laboratories's dividend growth over the last five years (2018-2023) was 26.85% year
• Dr. Reddy's Laboratories's dividend growth over the last ten years (2013-2023) was 33.86% year
Dr. Reddy's Laboratories Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-30 | $2.40 | semi annually | 2024-08-12 |
| 2023-07-28 | $2.44 | semi annually | 2023-08-11 |
| 2023-07-07 | $2.44 | semi annually | 2024-01-02 |
| 2022-08-01 | $0.33 | semi annually | 2022-08-12 |
| 2022-07-08 | $1.94 | semi annually | 2022-07-11 |
| 2021-07-30 | $0.28 | semi annually | 2021-08-11 |
| 2021-07-08 | $1.71 | semi annually | 2021-08-11 |
| 2020-07-10 | $0.27 | semi annually | 2020-08-17 |
| 2019-07-12 | $0.29 | semi annually | 2019-08-15 |
| 2018-07-13 | $1.49 | semi annually | 2018-08-09 |
| 2017-07-13 | $1.55 | semi annually | 2017-08-10 |
| 2016-07-14 | $1.49 | semi annually | 2016-08-09 |
| 2015-07-08 | $0.31 | semi annually | 2015-08-17 |
| 2014-08-01 | $0.30 | semi annually | 2014-08-15 |
| 2013-07-10 | $0.26 | semi annually | 2013-08-15 |
Dr. Reddy's Laboratories Dividend per year
Dr. Reddy's Laboratories Dividend growth
Dr. Reddy's Laboratories Dividend Yield
Dr. Reddy's Laboratories current trailing twelve-month (TTM) dividend yield is 3.35%. Interested in purchasing Dr. Reddy's Laboratories stock? Use our calculator to estimate your expected dividend yield:
Dr. Reddy's Laboratories Financial Ratios
P/E ratio3.77
PEG ratio0.00
P/B ratio0.66
ROE18.58%
Payout ratio12.49%
Current ratio1.92
Quick ratio1.36
Cash Ratio0.09
Dr. Reddy's Laboratories Dividend FAQ
How much is the next Dr. Reddy's Laboratories dividend?
Dr. Reddy's Laboratories's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Dr. Reddy's Laboratories dividend. The next Dr. Reddy's Laboratories dividend will be released in July, or July.
When is Dr. Reddy's Laboratories dividend paid?
Dr. Reddy's Laboratories pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July, and July. 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 Dr. Reddy's Laboratories pay?
The specific amount of Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories's dividend history.
Does Dr. Reddy's Laboratories stock pay dividends?
Yes, Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories's dividend history.
How much dividend does Dr. Reddy's Laboratories pay?
Dr. Reddy's Laboratories paid $2.396 in 2024, $4.877 in 2023, $2.26 in 2022, $1.989 in 2021, and $0.274 in 2020.
How often does Dr. Reddy's Laboratories pay dividends?
Dr. Reddy's Laboratories typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July, and July.
What is Dr. Reddy's Laboratories's dividend yield?
The current dividend yield for Dr. Reddy's Laboratories is 3.35%. 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 Dr. Reddy's Laboratories's exact dividend yield.
When does Dr. Reddy's Laboratories go ex dividend?
Dr. Reddy's Laboratories's ex-dividend date for the latest dividend was on 2024-07-30. Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories dividend paid?
Dr. Reddy's Laboratories pays dividends on a semi annually basis, typically around July, or July, but the exact dates can vary each year.
Will Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories dividend per share?
Dr. Reddy's Laboratories paid $2.396 per share in 2024 and $4.877 per share in 2023. The amount of dividend per share that Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories a dividend stock?
Yes, Dr. Reddy's Laboratories is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Dr. Reddy's Laboratories a good dividend stock?
Whether Dr. Reddy's Laboratories is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Dr. Reddy's Laboratories has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Dr. Reddy's Laboratories 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.
Other factors to consider when evaluating Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories pay dividends monthly?
Dr. Reddy's Laboratories typically pays dividends on a semi annually basis.
Does Dr. Reddy's Laboratories pay dividends quarterly?
Dr. Reddy's Laboratories currently pays dividends on a semi annually basis.
Has Dr. Reddy's Laboratories ever paid a dividend?
Yes, Dr. Reddy's Laboratories has a history of paying dividends to its shareholders. Dr. Reddy's Laboratories is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Dr. Reddy's Laboratories dividend stocks?
To buy Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories 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.
Place an order: Use the brokerage's trading platform to place an order to buy Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories pay dividends 2024?
Dr. Reddy's Laboratories pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-12. 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 Dr. Reddy's Laboratories increase its dividend in 2024?
Decisions regarding Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories dividend overview you can look into the above table of dividend history.
How Dr. Reddy's Laboratories dividend works?
The Dr. Reddy's Laboratories 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 Dr. Reddy's Laboratories's dividend process works:
1. Determination of Dividend: Dr. Reddy's Laboratories'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. Reddy's Laboratories 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. Reddy's Laboratories 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. Reddy's Laboratories 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. Determination of Dividend: Dr. Reddy's Laboratories'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. Reddy's Laboratories 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. Reddy's Laboratories 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. Reddy's Laboratories 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 Dr. Reddy's Laboratories dividends paid?
Dr. Reddy's Laboratories dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Dr. Reddy's Laboratories 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. Reddy's Laboratories 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. Reddy's Laboratories 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.
1. Record Date: Dr. Reddy's Laboratories 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. Reddy's Laboratories 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. Reddy's Laboratories 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 Dr. Reddy's Laboratories pay dividends?
Dr. Reddy's Laboratories typically pays dividends on a semi 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 Dr. Reddy's Laboratories pay dividends?
The general pattern is that Dr. Reddy's Laboratories pays dividends around July, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Dr. Reddy's Laboratories dividend safe?
The safety of Dr. Reddy's Laboratories'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 Dr. Reddy's Laboratories'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. Reddy's Laboratories'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.
To assess the safety of Dr. Reddy's Laboratories'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. Reddy's Laboratories'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.