SMS Pharmaceuticals Limited manufactures and sells active pharmaceutical ingredients (APIs) and intermediates in India. The company offers anti-ulcer, anti-fungal, anti-migraine, anti-diabetic, erectile dysfunction, antiemetic, antiepileptic, antipsychotic, anti-hypertensive, anti-anginal, anti-viral, urinary antispasmodic, and anti-retroviral APIs. It is also involved in the contract research activities. The company also exports its products. SMS Pharmaceuticals Limited was incorporated in 1987 and is based in Hyderabad, India.
SMS Pharmaceuticals Dividend Announcement
• SMS Pharmaceuticals announced a annually dividend of ₹0.40 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• SMS Pharmaceuticals annual dividend for 2024 was ₹0.40
• SMS Pharmaceuticals annual dividend for 2023 was ₹0.30
• SMS Pharmaceuticals's trailing twelve-month (TTM) dividend yield is 0.16%
• SMS Pharmaceuticals's dividend growth over the last five years (2018-2023) was 3.71% year
• SMS Pharmaceuticals's dividend growth over the last ten years (2013-2023) was -17.28% year
SMS Pharmaceuticals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹0.40 | annually | 2024-10-30 |
2023-09-22 | ₹0.30 | annually | 2023-10-29 |
2022-09-22 | ₹0.30 | annually | 2022-10-30 |
2021-09-22 | ₹0.30 | annually | 2021-10-30 |
2020-03-26 | ₹0.25 | annually | 2020-04-17 |
2019-09-19 | ₹0.25 | annually | 2019-10-30 |
2018-09-11 | ₹0.25 | annually | 2018-10-20 |
2017-09-20 | ₹0.20 | annually | 2017-10-27 |
2016-09-22 | ₹0.20 | annually | 2016-10-30 |
2015-09-22 | ₹2.00 | annually | 2015-10-29 |
2014-09-23 | ₹2.00 | annually | 2014-10-30 |
2013-09-23 | ₹2.00 | annually | 2013-10-30 |
SMS Pharmaceuticals Dividend per year
SMS Pharmaceuticals Dividend growth
SMS Pharmaceuticals Dividend Yield
SMS Pharmaceuticals current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing SMS Pharmaceuticals stock? Use our calculator to estimate your expected dividend yield:
SMS Pharmaceuticals Financial Ratios
SMS Pharmaceuticals Dividend FAQ
Other factors to consider when evaluating SMS Pharmaceuticals 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: SMS Pharmaceuticals'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, SMS Pharmaceuticals 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, SMS Pharmaceuticals 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 SMS Pharmaceuticals 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: SMS Pharmaceuticals 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, SMS Pharmaceuticals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SMS Pharmaceuticals 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 SMS Pharmaceuticals'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 SMS Pharmaceuticals'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.