Morepen Laboratories Limited develops, manufactures, markets, and sells active pharmaceutical ingredients (APIs), branded and generic formulations, and home health products in India. The company offers APIs for anti-histaminic, anti-asthmatic, anti-hypercholesterolemic, anti-hypertensive, and anti-diabetic drugs; point of care and medical devices; and home diagnostic products, such as air purifiers, thermometers, stethoscopes, blood pressure monitors, pulse-oximeters, nebulizers, glucometers, strips, sanitizers, disinfectant solutions, masks and gloves, and others. It also provides Burnol, a burn cream; Lemolate for cough and cold; and Fiber-X, a sat isabgol; and formulations for gastro, antibiotics, vitamins, nutritional, and anti-diabetics, as well as cardiac. In addition, the company is involved in the product contract manufacturing and brand sharing businesses; and provision of over-the-counter products under the Dr. Morepen brand. It exports its products to approximately 75 countries. Morepen Laboratories Limited was incorporated in 1984 and is based in New Delhi, India.
Morepen Laboratories Dividend Announcement
• Morepen Laboratories announced a semi annually dividend of ₹0.60 per ordinary share which will be made payable on 2002-10-08. Ex dividend date: 2002-09-18
• Morepen Laboratories's trailing twelve-month (TTM) dividend yield is -%
Morepen Laboratories Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2002-09-18 | ₹0.60 | semi annually | 2002-10-08 |
2001-09-03 | ₹0.20 | semi annually | 2001-10-01 |
2001-01-24 | ₹0.50 | semi annually | 2001-03-01 |
2000-08-18 | ₹0.50 | semi annually | 2000-10-01 |
2000-04-28 | ₹3.00 | semi annually | 2000-06-01 |
1999-06-18 | ₹15.00 | semi annually | |
1998-09-07 | ₹12.50 | semi annually | 1998-10-01 |
1997-08-26 | ₹12.50 | semi annually | 1997-10-01 |
1996-09-09 | ₹11.00 | semi annually | 1996-10-01 |
Morepen Laboratories Dividend per year
Morepen Laboratories Dividend growth
Morepen Laboratories Dividend Yield
Morepen Laboratories current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Morepen Laboratories stock? Use our calculator to estimate your expected dividend yield:
Morepen Laboratories Financial Ratios
Morepen Laboratories Dividend FAQ
Other factors to consider when evaluating Morepen Laboratories 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: Morepen Laboratories'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, Morepen Laboratories 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, Morepen Laboratories 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 Morepen Laboratories 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: Morepen Laboratories 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, Morepen Laboratories distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Morepen Laboratories 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 Morepen Laboratories'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 Morepen Laboratories'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.