Indoco Remedies Limited manufactures and sells formulations and active pharmaceutical ingredients in India and internationally. The company offers respiratory products, such as Karvol Plus, Febrex Plus, and Tuspel; stomatologicals products that include Sensodent-K, Sensoform Toothpaste, Sensoform Gum Paint, Rexidin M, Rexidin SRS, RR Sensoform Dental, Snowdent, Kidodent, Rexidin Plus, and Dentogel; gastrointestinal products, such as Carmicide, Cyclopam, Cyclomeff, and Nosic; pain/analgesics products that include Lignox and T-lac; and ophthal/otologicals products, such as Renolen, Homide, Dexoren S, Zincoren, Otorex, Mofloren-D, and Mofloren LP. It also provides vitamins/minerals/nutrients that include Methycal, Cital UTI, SM Fibro, Cal Aid, SM Fibro, MCBM DHA, and Apispur; urology products, such as Carmicide and Cital; Cloben G and Scabex for dermatology; ATM for anti-infectives; Hemsyl for blood related; MCBM 69 and D Chiro for gynecological; and Spear for anti-haemorrhoidal. In addition, the company provides analytical services, such as impurity profile, particle size analysis, heavy metal analysis, polymorphism and compatibility studies, extractables and leachables studies, lyophilization studies, reference and working standards, forced degradation studies, and chromatographic method development and validation services. Further, it offers services that include architectural design, lighting, mechanical and utility engineering, project and construction management, electrical, control system, piping, structural design, data transfer system, and process engineering. The company serves general practitioners, pediatricians, consultant physicians, dentists, cardiologists, diabetologists, endocrinologists, gynaecologists, and ophthalmologists. The company was formerly known as Indo Continental Trading Company. Indoco Remedies Limited was founded in 1945 and is based in Mumbai, India.
Indoco Remedies Dividend Announcement
• Indoco Remedies announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
• Indoco Remedies annual dividend for 2024 was ₹1.50
• Indoco Remedies annual dividend for 2023 was ₹2.25
• Indoco Remedies's trailing twelve-month (TTM) dividend yield is 0.47%
• Indoco Remedies's dividend growth over the last five years (2018-2023) was 17.61% year
• Indoco Remedies's dividend growth over the last ten years (2013-2023) was 7.42% year
Indoco Remedies Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-19 | ₹1.50 | annually | 2024-10-26 |
| 2023-09-18 | ₹2.25 | annually | 2023-10-26 |
| 2022-09-14 | ₹0.75 | annually | 2022-10-22 |
| 2021-09-17 | ₹1.50 | annually | 2021-10-23 |
| 2020-09-18 | ₹0.30 | annually | 2020-10-24 |
| 2019-08-22 | ₹0.30 | annually | 2019-09-24 |
| 2018-08-31 | ₹1.00 | annually | 2018-10-11 |
| 2017-07-31 | ₹1.60 | annually | 2017-09-08 |
| 2016-07-20 | ₹0.20 | annually | 2016-08-28 |
| 2016-03-17 | ₹1.40 | annually | 2016-05-01 |
| 2015-07-21 | ₹1.60 | annually | 2015-08-29 |
| 2014-07-18 | ₹1.40 | annually | |
| 2013-07-19 | ₹1.10 | annually | 2013-08-29 |
Indoco Remedies Dividend per year
Indoco Remedies Dividend growth
Indoco Remedies Dividend Yield
Indoco Remedies current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing Indoco Remedies stock? Use our calculator to estimate your expected dividend yield:
Indoco Remedies Financial Ratios
P/E ratio91.65
PEG ratio-1.49
P/B ratio2.70
ROE2.93%
Payout ratio0.00%
Current ratio1.29
Quick ratio0.81
Cash Ratio0.02
Indoco Remedies Dividend FAQ
How much is the next Indoco Remedies dividend?
Indoco Remedies's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Indoco Remedies dividend. The next Indoco Remedies dividend will be released in September.
When is Indoco Remedies dividend paid?
Indoco Remedies pays dividends on a 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 Indoco Remedies pay?
The specific amount of Indoco Remedies 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 Indoco Remedies's dividend history.
Does Indoco Remedies stock pay dividends?
Yes, Indoco Remedies 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 Indoco Remedies's dividend history.
How much dividend does Indoco Remedies pay?
Indoco Remedies paid ₹1.5 in 2024, ₹2.25 in 2023, ₹0.75 in 2022, ₹1.5 in 2021, and ₹0.3 in 2020.
How often does Indoco Remedies pay dividends?
Indoco Remedies 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 September.
What is Indoco Remedies's dividend yield?
The current dividend yield for Indoco Remedies is 0.47%. 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 Indoco Remedies's exact dividend yield.
When does Indoco Remedies go ex dividend?
Indoco Remedies's ex-dividend date for the latest dividend was on 2024-09-19. Indoco Remedies 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 Indoco Remedies dividend paid?
Indoco Remedies pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Indoco Remedies 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 Indoco Remedies 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 Indoco Remedies dividend per share?
Indoco Remedies paid ₹1.5 per share in 2024 and ₹2.25 per share in 2023. The amount of dividend per share that Indoco Remedies 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 Indoco Remedies 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 Indoco Remedies 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 Indoco Remedies a dividend stock?
Yes, Indoco Remedies is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Indoco Remedies a good dividend stock?
Whether Indoco Remedies is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Indoco Remedies has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Indoco Remedies 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 Indoco Remedies 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 Indoco Remedies pay dividends monthly?
Indoco Remedies typically pays dividends on a annually basis.
Does Indoco Remedies pay dividends quarterly?
Indoco Remedies currently pays dividends on a annually basis.
Has Indoco Remedies ever paid a dividend?
Yes, Indoco Remedies has a history of paying dividends to its shareholders. Indoco Remedies is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Indoco Remedies dividend stocks?
To buy Indoco Remedies 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 Indoco Remedies 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 Indoco Remedies 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 Indoco Remedies pay dividends 2024?
Indoco Remedies pays dividends on a annually basis. 2024 dividend payments are in 2024-10-26. 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 Indoco Remedies increase its dividend in 2024?
Decisions regarding Indoco Remedies 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 Indoco Remedies dividend overview you can look into the above table of dividend history.
How Indoco Remedies dividend works?
The Indoco Remedies 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 Indoco Remedies's dividend process works:
1. Determination of Dividend: Indoco Remedies'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, Indoco Remedies 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, Indoco Remedies 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 Indoco Remedies 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: Indoco Remedies'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, Indoco Remedies 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, Indoco Remedies 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 Indoco Remedies 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 Indoco Remedies dividends paid?
Indoco Remedies dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Indoco Remedies 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, Indoco Remedies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indoco Remedies 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: Indoco Remedies 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, Indoco Remedies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indoco Remedies 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 Indoco Remedies pay dividends?
Indoco Remedies 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 Indoco Remedies pay dividends?
The general pattern is that Indoco Remedies 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 Indoco Remedies dividend safe?
The safety of Indoco Remedies'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 Indoco Remedies'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 Indoco Remedies'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 Indoco Remedies'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 Indoco Remedies'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.