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Glenmark Life Sciences Limited develops, manufactures, and supplies non-commoditized active pharmaceutical ingredients for various chronic therapeutic areas in India. The company offers Olmesartan, Amiodarone, Telmisartan, Perindopril, Rosuvastatin, and Cilostazol for cardiovascular diseases; Oxcarbazepine, Zonisamide, Topiramate, Bupropion, Ropinirole, Riluzole, and Lacosamide for central nervous system diseases; Glimepiride, Teneligliptin, Vildagliptin, and Linagliptin for diabetes; and Etoricoxib and Lornoxicam for pain management. It also provides Atovaquone, Voriconazole, Mirabegron, Desloratadine, Esomeprazole Magnesium, Adapalene, and Fluconazole gastro-intestinal disorders, anti-infective, respiratory, anti-emetic, and other therapeutic areas. In addition, the company offers contract development and manufacturing services to a range of multinational pharmaceutical and specialty pharmaceutical companies. It also exports its products to Europe, North America, Latin America, Japan, and internationally. The company was incorporated in 2011 and is based in Mumbai, India. Glenmark Life Sciences Limited is a subsidiary of Glenmark Pharmaceuticals Limited.

Glenmark Life Sciences Dividend Announcement

Glenmark Life Sciences announced a semi annually dividend of ₹22.50 per ordinary share which will be made payable on 2023-11-08. Ex dividend date: 2023-10-17
Glenmark Life Sciences annual dividend for 2023 was ₹43.50
Glenmark Life Sciences's trailing twelve-month (TTM) dividend yield is -%

Glenmark Life Sciences Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-10-17₹22.50semi annually2023-11-08
2023-03-24₹21.00semi annually2023-03-29
2022-09-15₹10.50semi annually2022-10-26
2021-11-22₹10.50semi annually2021-12-10

Glenmark Life Sciences Dividend per year

Glenmark Life Sciences Dividend growth

Glenmark Life Sciences Dividend Yield

Glenmark Life Sciences current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Glenmark Life Sciences stock? Use our calculator to estimate your expected dividend yield:

Glenmark Life Sciences Financial Ratios

P/E ratio30.56
PEG ratio0.31
P/B ratio5.10
ROE17.66%
Payout ratio0.00%
Current ratio4.52
Quick ratio3.03
Cash Ratio0.96

Glenmark Life Sciences Dividend FAQ

How much is the next Glenmark Life Sciences dividend?
Glenmark Life Sciences's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Glenmark Life Sciences dividend. The next Glenmark Life Sciences dividend will be released in September.
When is Glenmark Life Sciences dividend paid?
Glenmark Life Sciences pays dividends on a semi annually basis. The specific dates may vary each year but are generally around September. 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 Glenmark Life Sciences pay?
The specific amount of Glenmark Life Sciences 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 Glenmark Life Sciences's dividend history.
Does Glenmark Life Sciences stock pay dividends?
Yes, Glenmark Life Sciences 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 Glenmark Life Sciences's dividend history.
How much dividend does Glenmark Life Sciences pay?
Glenmark Life Sciences paid ₹0.0 in 2024, ₹43.5 in 2023, ₹10.5 in 2022, ₹10.5 in 2021, and ₹0.0 in 2020.
How often does Glenmark Life Sciences pay dividends?
Glenmark Life Sciences 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 September.
What is Glenmark Life Sciences's dividend yield?
The current dividend yield for Glenmark Life Sciences is -%. 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 Glenmark Life Sciences's exact dividend yield.
When does Glenmark Life Sciences go ex dividend?
Glenmark Life Sciences's ex-dividend date for the latest dividend was on 2023-10-17. Glenmark Life Sciences 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 Glenmark Life Sciences dividend paid?
Glenmark Life Sciences pays dividends on a semi annually basis, typically around September, but the exact dates can vary each year.
Will Glenmark Life Sciences 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 Glenmark Life Sciences 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 Glenmark Life Sciences dividend per share?
Glenmark Life Sciences paid ₹0.0 per share in 2024 and ₹43.5 per share in 2023. The amount of dividend per share that Glenmark Life Sciences 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 Glenmark Life Sciences 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 Glenmark Life Sciences 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 Glenmark Life Sciences a dividend stock?
Yes, Glenmark Life Sciences is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Glenmark Life Sciences a good dividend stock?
Whether Glenmark Life Sciences is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Glenmark Life Sciences has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Glenmark Life Sciences 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 Glenmark Life Sciences pay dividends monthly?
Glenmark Life Sciences typically pays dividends on a semi annually basis.
Does Glenmark Life Sciences pay dividends quarterly?
Glenmark Life Sciences currently pays dividends on a semi annually basis.
Has Glenmark Life Sciences ever paid a dividend?
Yes, Glenmark Life Sciences has a history of paying dividends to its shareholders. Glenmark Life Sciences is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Glenmark Life Sciences dividend stocks?
To buy Glenmark Life Sciences 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 Glenmark Life Sciences 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 Glenmark Life Sciences pay dividends 2024?
Glenmark Life Sciences pays dividends on a semi annually basis. 2024 dividend payments are in 2023-11-08. 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 Glenmark Life Sciences increase its dividend in 2024?
Decisions regarding Glenmark Life Sciences 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 Glenmark Life Sciences dividend overview you can look into the above table of dividend history.
How Glenmark Life Sciences dividend works?
The Glenmark Life Sciences 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 Glenmark Life Sciences's dividend process works:

1. Determination of Dividend: Glenmark Life Sciences'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, Glenmark Life Sciences 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, Glenmark Life Sciences 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 Glenmark Life Sciences 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 Glenmark Life Sciences dividends paid?
Glenmark Life Sciences dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Glenmark Life Sciences 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, Glenmark Life Sciences distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Glenmark Life Sciences 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 Glenmark Life Sciences pay dividends?
Glenmark Life Sciences 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 Glenmark Life Sciences pay dividends?
The general pattern is that Glenmark Life Sciences pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Glenmark Life Sciences dividend safe?
The safety of Glenmark Life Sciences'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 Glenmark Life Sciences'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 Glenmark Life Sciences'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.