Investors can expect another Final Dividend from Drreddys Laboratories Ltd in 2023 within the undefined field
0.67%
Div. Yield
11.96%
Payout Rat.
Drreddys Laboratories Ltd has declared an Final Dividend for the year 2023. The dividend amount is ₹40.00 per share. The company’s shares are currently trading at ₹5154.95. The ex-dividend date is July 10, 2023, and investors must hold shares before this date to be eligible for the dividend.
In 2022, the company declared a Final Dividend of ₹30.00 per share. The company’s payout ratio of 11.96% represents the proportion of earnings allocated to dividends. Drreddys Laboratories Ltd offers a dividend yield of 0.67%, providing a return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | 0.78% |
| 2022 | 0.68% |
| 2021 | 0.46% |
| 2020 | 0.64% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 10, 2023 | ₹40.00 | Final Dividend | ₹5154.95 |
| July 10, 2022 | ₹30.00 | Final Dividend | ₹4406.2 |
| July 8, 2021 | ₹25.00 | Final Dividend | ₹5466.75 |
| July 12, 2020 | ₹25.00 | Final Dividend | ₹3905.45 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Drreddys Laboratories Ltd has declared dividend worth ₹40.00
Drreddys Laboratories Ltd has declared dividend on July 10, 2023
As of February 17, 2025, the dividend yield for Drreddys Laboratories Ltd is 0.67%
The most recent dividend payment for Drreddys Laboratories Ltd was ₹40.00 per share.
The current dividend payout ratio for Drreddys Laboratories Ltd is 11.96%
