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Laurus Labs Limited, together with its subsidiaries, engages in the development, manufacture, and sale of medicines and active pharmaceutical ingredients (APIs) in India and internationally. The company develops, manufactures, and sells APIs and advanced intermediates for anti-retroviral (ARV), antidiabetic, cardiovascular, proton pump inhibitors (PPIs), oncology, gastroenterology, and hepatitis C therapeutic areas. It also develops and manufactures oral solid formulations for ARVs, anti-diabetic, cardiovascular, PPIs, and central nervous system. In addition, the company provides contract development and manufacturing services for pharmaceutical companies; and manufactures and sells specialty ingredients used in the nutraceutical, dietary supplements, and cosmeceutical products. Further, it develops novel enzymatic solutions for industrial biotechnology, and animal origin free recombinant proteins and enzymes for biopharma; and offers business support services for pharmaceutical field. The company was incorporated in 2005 and is based in Hyderabad, India.

Laurus Labs Dividend Announcement

Laurus Labs announced a quarterly dividend of ₹0.40 per ordinary share which will be made payable on 2024-11-23. Ex dividend date: 2024-11-06
Laurus Labs annual dividend for 2024 was ₹0.80
Laurus Labs annual dividend for 2023 was ₹2.00
Laurus Labs's trailing twelve-month (TTM) dividend yield is 0.15%
Laurus Labs's dividend growth over the last five years (2018-2023) was 5.92% year

Laurus Labs Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-06₹0.40quarterly2024-11-23
2024-05-08₹0.40quarterly2024-05-25
2023-11-02₹0.40quarterly2023-11-19
2023-10-30₹0.40quarterly
2023-05-10₹1.20quarterly2023-05-27
2022-11-03₹0.80quarterly2022-11-20
2022-05-10₹1.20quarterly2022-05-28
2021-11-17₹0.80quarterly2021-11-27
2021-05-11₹0.80quarterly2021-05-29
2021-02-08₹0.40quarterly2021-02-27
2020-11-10₹0.80quarterly2020-11-28
2020-07-01₹1.00quarterly2020-08-08
2020-03-23₹1.50quarterly2020-03-27
2019-07-03₹1.50quarterly2019-08-10
2018-06-28₹1.50quarterly2018-08-04
2017-07-06₹1.50quarterly2017-08-17

Laurus Labs Dividend per year

Laurus Labs Dividend growth

Laurus Labs Dividend Yield

Laurus Labs current trailing twelve-month (TTM) dividend yield is 0.15%. Interested in purchasing Laurus Labs stock? Use our calculator to estimate your expected dividend yield:

Laurus Labs Financial Ratios

P/E ratio217.62
PEG ratio-35.45
P/B ratio6.90
ROE3.20%
Payout ratio0.00%
Current ratio1.19
Quick ratio0.58
Cash Ratio0.01

Laurus Labs Dividend FAQ

How much is the next Laurus Labs dividend?
Laurus Labs's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Laurus Labs dividend. The next Laurus Labs dividend will be released in May, October, or November.
When is Laurus Labs dividend paid?
Laurus Labs pays dividends on a quarterly basis. The specific dates may vary each year but are generally around May, October, and November. 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 Laurus Labs pay?
The specific amount of Laurus Labs 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 Laurus Labs's dividend history.
Does Laurus Labs stock pay dividends?
Yes, Laurus Labs 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 Laurus Labs's dividend history.
How much dividend does Laurus Labs pay?
Laurus Labs paid ₹0.8 in 2024, ₹2.0 in 2023, ₹2.0 in 2022, ₹2.0 in 2021, and ₹3.3 in 2020.
How often does Laurus Labs pay dividends?
Laurus Labs typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around May, October, and November.
What is Laurus Labs's dividend yield?
The current dividend yield for Laurus Labs is 0.15%. 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 Laurus Labs's exact dividend yield.
When does Laurus Labs go ex dividend?
Laurus Labs's ex-dividend date for the latest dividend was on 2024-11-06. Laurus Labs 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 Laurus Labs dividend paid?
Laurus Labs pays dividends on a quarterly basis, typically around May, October, or November, but the exact dates can vary each year.
Will Laurus Labs 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 Laurus Labs 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 Laurus Labs dividend per share?
Laurus Labs paid ₹0.8 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Laurus Labs 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 Laurus Labs 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 Laurus Labs 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 Laurus Labs a dividend stock?
Yes, Laurus Labs is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Laurus Labs a good dividend stock?
Whether Laurus Labs is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Laurus Labs has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Laurus Labs 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 Laurus Labs pay dividends monthly?
Laurus Labs typically pays dividends on a quarterly basis.
Does Laurus Labs pay dividends quarterly?
Laurus Labs currently pays dividends on a quarterly basis.
Has Laurus Labs ever paid a dividend?
Yes, Laurus Labs has a history of paying dividends to its shareholders. Laurus Labs is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Laurus Labs dividend stocks?
To buy Laurus Labs 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 Laurus Labs 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 Laurus Labs pay dividends 2024?
Laurus Labs pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-23. 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 Laurus Labs increase its dividend in 2024?
Decisions regarding Laurus Labs 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 Laurus Labs dividend overview you can look into the above table of dividend history.
How Laurus Labs dividend works?
The Laurus Labs 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 Laurus Labs's dividend process works:

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

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

3. Currency: Laurus Labs 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 Laurus Labs pay dividends?
Laurus Labs typically pays dividends on a quarterly 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 Laurus Labs pay dividends?
The general pattern is that Laurus Labs pays dividends around May, October, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Laurus Labs dividend safe?
The safety of Laurus Labs'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 Laurus Labs'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 Laurus Labs'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.