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 3.71% year
• Granules India's dividend growth over the last ten years (2013-2023) was -2.84% year
Granules India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-30 | ₹1.50 | annually | 2024-09-05 |
2023-08-03 | ₹1.50 | annually | 2023-09-08 |
2022-07-19 | ₹0.75 | annually | 2022-08-25 |
2022-02-17 | ₹0.25 | annually | 2022-03-10 |
2021-11-24 | ₹0.25 | annually | 2021-12-12 |
2021-08-05 | ₹0.25 | annually | 2021-08-26 |
2021-07-28 | ₹0.75 | annually | 2021-09-03 |
2021-02-08 | ₹0.25 | annually | 2021-02-27 |
2020-10-28 | ₹0.25 | annually | 2020-11-19 |
2020-08-05 | ₹0.25 | annually | 2020-09-12 |
2020-07-28 | ₹0.25 | annually | 2020-08-16 |
2020-01-30 | ₹0.25 | annually | 2020-02-20 |
2019-10-31 | ₹0.25 | annually | 2019-11-21 |
2019-08-21 | ₹0.25 | annually | 2019-09-28 |
2019-08-08 | ₹0.25 | annually | 2019-08-29 |
2019-02-07 | ₹0.25 | annually | 2019-02-28 |
2018-11-06 | ₹0.25 | annually | 2018-11-28 |
2018-08-29 | ₹0.25 | annually | 2018-10-05 |
2018-08-01 | ₹0.25 | annually | 2018-08-22 |
2018-02-20 | ₹0.25 | annually | 2018-03-10 |
2018-02-19 | ₹0.25 | annually | |
2017-11-20 | ₹0.25 | annually | 2017-12-09 |
2017-09-20 | ₹0.25 | annually | 2017-10-28 |
2017-08-23 | ₹0.25 | annually | 2017-09-13 |
2017-08-02 | ₹0.25 | annually | |
2017-02-07 | ₹0.25 | annually | 2017-02-27 |
2016-11-03 | ₹0.20 | annually | 2016-11-25 |
2016-08-23 | ₹0.20 | annually | |
2016-08-03 | ₹0.20 | annually | |
2016-02-08 | ₹0.15 | annually | 2016-02-27 |
2015-11-09 | ₹0.15 | annually | 2016-04-01 |
2015-08-04 | ₹0.50 | annually | |
2014-08-20 | ₹3.50 | annually | 2014-09-27 |
2013-08-08 | ₹2.00 | annually | 2013-09-19 |
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
Granules India Dividend FAQ
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.
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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.
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.
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.