Sanofi India Limited manufactures and trades in drugs and pharmaceutical products in India, Singaporem and internationally. It provides pharmaceutical products in various therapeutic areas, such as diabetes, cardiology, thrombosis, central nervous system, anti-infective, epilepsy, allergy and vitamins, anti-histamines, and minerals and supplements under the Lantus, Toujeo, Clexane, Amaryl, Cardace, Targocid, Frisium, Combiflam, DePura, Allegra, and Avil brands through independent distributors. The company also exports its products. The company was formerly known as Aventis Pharma Limited and changed its name to Sanofi India Limited in May 2012. The company was incorporated in 1956 and is headquartered in Mumbai, India. Sanofi India Limited is a subsidiary of Hoechst GmbH.
Sanofi India Dividend Announcement
• Sanofi India announced a semi annually dividend of ₹117.00 per ordinary share which will be made payable on 2024-05-24. Ex dividend date: 2024-05-03
• Sanofi India annual dividend for 2024 was ₹167.00
• Sanofi India annual dividend for 2023 was ₹183.00
• Sanofi India's trailing twelve-month (TTM) dividend yield is 2.63%
• Sanofi India's dividend growth over the last five years (2018-2023) was 20.85% year
• Sanofi India's dividend growth over the last ten years (2013-2023) was 16.72% year
Sanofi India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | ₹117.00 | semi annually | 2024-05-24 |
2024-03-07 | ₹50.00 | semi annually | |
2023-04-28 | ₹183.00 | semi annually | 2023-06-10 |
2022-08-05 | ₹193.00 | semi annually | 2022-08-22 |
2022-04-12 | ₹309.00 | semi annually | 2022-05-04 |
2021-04-19 | ₹240.00 | semi annually | 2021-05-27 |
2020-06-29 | ₹243.00 | semi annually | 2020-08-06 |
2020-04-20 | ₹243.00 | semi annually | |
2019-04-25 | ₹66.00 | semi annually | 2019-06-06 |
2018-08-06 | ₹18.00 | semi annually | 2018-08-24 |
2018-04-26 | ₹53.00 | semi annually | 2018-06-07 |
2017-07-31 | ₹18.00 | semi annually | 2017-08-10 |
2017-04-25 | ₹50.00 | semi annually | 2017-06-04 |
2016-08-04 | ₹18.00 | semi annually | 2016-08-21 |
2016-04-13 | ₹25.00 | semi annually | 2016-05-09 |
2015-07-29 | ₹18.00 | semi annually | 2015-08-12 |
2015-04-16 | ₹11.00 | semi annually | 2015-05-08 |
2014-07-31 | ₹10.00 | semi annually | 2014-08-14 |
2014-04-16 | ₹35.00 | semi annually | 2014-05-05 |
2013-08-05 | ₹10.00 | semi annually | 2013-08-20 |
2013-04-05 | ₹29.00 | semi annually | 2013-05-06 |
Sanofi India Dividend per year
Sanofi India Dividend growth
Sanofi India Dividend Yield
Sanofi India current trailing twelve-month (TTM) dividend yield is 2.63%. Interested in purchasing Sanofi India stock? Use our calculator to estimate your expected dividend yield:
Sanofi India Financial Ratios
Sanofi India Dividend FAQ
Other factors to consider when evaluating Sanofi 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: Sanofi 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, Sanofi 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, Sanofi 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 Sanofi 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: Sanofi 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, Sanofi 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: Sanofi 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 Sanofi 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 Sanofi 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.