Zydus Wellness Limited develops, produces, markets, and distributes health and wellness products in India. It provides sugar substitute products under the Sugar Free Gold, Sugar Free Natura, and Sugar Free Green brands; milk-based health food drink under the Complan brand; glucose-based beverage under the Glucon D brand; and Sugarlite, a blended sugar coated with stevia. The company also offers a range of skincare products, such as soap-free face washes, face masks, scrubs, and cleansers under the Everyuth brand; prickly heat and cooling powder, and hand sanitizer under the Nycil brand; and probiotic butter spread, table spread, ghee, butter, cholesterol fat-free spread, mayonnaise, and chocolate spread under the Nutralite brand. In addition, it exports its products. The company was formerly known as Carnation Nutra Analogue Foods Limited and changed its name to Zydus Wellness Limited in January 2009. The company was founded in 1988 and is based in Ahmedabad, India. Zydus Wellness Limited is a subsidiary of Cadila Healthcare Limited.
Zydus Wellness Dividend Announcement
• Zydus Wellness announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-19
• Zydus Wellness annual dividend for 2024 was ₹5.00
• Zydus Wellness annual dividend for 2023 was ₹5.00
• Zydus Wellness's trailing twelve-month (TTM) dividend yield is 0.25%
• Zydus Wellness's dividend growth over the last five years (2018-2023) was -8.97% year
• Zydus Wellness's dividend growth over the last ten years (2013-2023) was -1.81% year
Zydus Wellness Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ₹5.00 | annually | 2024-09-01 |
2023-07-21 | ₹5.00 | annually | 2023-08-08 |
2022-07-14 | ₹5.00 | annually | 2022-08-28 |
2021-07-14 | ₹5.00 | annually | 2021-08-29 |
2020-03-19 | ₹5.00 | annually | 2020-04-12 |
2019-07-17 | ₹5.00 | annually | 2019-08-30 |
2018-07-18 | ₹8.00 | annually | 2018-09-02 |
2017-03-09 | ₹6.50 | annually | 2017-03-31 |
2016-03-16 | ₹6.50 | annually | 2016-04-03 |
2015-07-16 | ₹6.00 | annually | 2015-08-28 |
2014-07-03 | ₹6.00 | annually | 2014-08-13 |
2013-05-22 | ₹6.00 | annually | 2013-09-06 |
Zydus Wellness Dividend per year
Zydus Wellness Dividend growth
Zydus Wellness Dividend Yield
Zydus Wellness current trailing twelve-month (TTM) dividend yield is 0.25%. Interested in purchasing Zydus Wellness stock? Use our calculator to estimate your expected dividend yield:
Zydus Wellness Financial Ratios
Zydus Wellness Dividend FAQ
Other factors to consider when evaluating Zydus Wellness 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: Zydus Wellness'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, Zydus Wellness 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, Zydus Wellness 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 Zydus Wellness 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: Zydus Wellness 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, Zydus Wellness distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Zydus Wellness 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 Zydus Wellness'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 Zydus Wellness'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.