company-logo

Granules India Limited manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India, North America, Europe, Latin America, Africa, the Middle East, and internationally. The company's APIs in various therapeutic categories include anti-retrovirals, anti-hypertensives, anti-histamines, anti-infectives, analgesics, anti-coagulants, anti-fibriotics, and platelet inhibitors. It also offers various FDs, such as tablets, caplets, and press-fit capsules in bulk, blister packs, and bottles; and other specialty products for oncology. The Company also exports its products. Granules India Limited was founded in 1984 and is based in Hyderabad, India.

Granules India Dividend Announcement

Granules India announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-30
Granules India annual dividend for 2024 was ₹1.50
Granules India annual dividend for 2023 was ₹1.50
Granules India's trailing twelve-month (TTM) dividend yield is 0.26%
Granules India's dividend growth over the last five years (2018-2023) was 8.45% year
Granules India's dividend growth over the last ten years (2013-2023) was -2.84% year

Granules India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-30₹1.50annually2024-09-05
2023-08-03₹1.50annually2023-09-08
2022-07-19₹0.75annually2022-08-25
2022-02-17₹0.25annually2022-03-10
2021-11-24₹0.25annually2021-12-12
2021-08-05₹0.25annually2021-08-26
2021-07-28₹0.75annually2021-09-03
2021-02-08₹0.25annually2021-02-27
2020-10-28₹0.25annually2020-11-19
2020-08-05₹0.25annually2020-09-12
2020-07-28₹0.25annually2020-08-16
2020-01-30₹0.25annually2020-02-20
2019-10-31₹0.25annually2019-11-21
2019-08-21₹0.25annually2019-09-28
2019-08-08₹0.25annually2019-08-29
2019-02-07₹0.25annually2019-02-28
2018-11-06₹0.25annually2018-11-28
2018-08-29₹0.25annually2018-10-05
2018-08-01₹0.25annually2018-08-22
2018-02-19₹0.25annually2018-03-10
2017-11-20₹0.25annually2017-12-09
2017-09-20₹0.25annually2017-10-28
2017-08-23₹0.25annually2017-09-13
2017-08-02₹0.25annually
2017-02-07₹0.25annually2017-02-27
2016-11-03₹0.20annually2016-11-25
2016-08-23₹0.20annually
2016-08-03₹0.20annually
2016-02-08₹0.15annually2016-02-27
2015-11-09₹0.15annually2016-04-01
2015-08-04₹0.50annually
2014-08-20₹3.50annually2014-09-27
2013-08-08₹2.00annually2013-09-19

Granules India Dividend per year

Granules India Dividend growth

Granules India Dividend Yield

Granules India current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing Granules India stock? Use our calculator to estimate your expected dividend yield:

Granules India Financial Ratios

P/E ratio28.87
PEG ratio1.58
P/B ratio4.10
ROE15.17%
Payout ratio0.00%
Current ratio1.54
Quick ratio0.72
Cash Ratio0.12

Granules India Dividend FAQ

How much is the next Granules India dividend?
Granules India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Granules India dividend. The next Granules India dividend will be released in August.
When is Granules India dividend paid?
Granules India 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 Granules India pay?
The specific amount of Granules India 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 Granules India's dividend history.
Does Granules India stock pay dividends?
Yes, Granules India 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 Granules India's dividend history.
How much dividend does Granules India pay?
Granules India paid ₹1.5 in 2024, ₹1.5 in 2023, ₹1.0 in 2022, ₹1.5 in 2021, and ₹1.0 in 2020.
How often does Granules India pay dividends?
Granules India 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 Granules India's dividend yield?
The current dividend yield for Granules India is 0.26%. 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 Granules India's exact dividend yield.
When does Granules India go ex dividend?
Granules India's ex-dividend date for the latest dividend was on 2024-07-30. Granules India 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 Granules India dividend paid?
Granules India pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Granules India 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 Granules India 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 Granules India dividend per share?
Granules India paid ₹1.5 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that Granules India 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 Granules India 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 Granules India 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 Granules India a dividend stock?
Yes, Granules India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Granules India a good dividend stock?
Whether Granules India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Granules India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Granules India 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 Granules India pay dividends monthly?
Granules India typically pays dividends on a annually basis.
Does Granules India pay dividends quarterly?
Granules India currently pays dividends on a annually basis.
Has Granules India ever paid a dividend?
Yes, Granules India has a history of paying dividends to its shareholders. Granules India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Granules India dividend stocks?
To buy Granules India 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 Granules India 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 Granules India pay dividends 2024?
Granules India pays dividends on a annually basis. 2024 dividend payments are in 2024-09-05. 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 Granules India increase its dividend in 2024?
Decisions regarding Granules India 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 Granules India dividend overview you can look into the above table of dividend history.
How Granules India dividend works?
The Granules India 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 Granules India's dividend process works:

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

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

3. Currency: Granules India 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 Granules India pay dividends?
Granules India 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 Granules India pay dividends?
The general pattern is that Granules India 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 Granules India dividend safe?
The safety of Granules India'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 Granules India'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 Granules India'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.