Breaking news: Glenmark Pharmaceuticals Ltd declares a Final Dividend for investors in 2024
0.18%
Div. Yield
-4.7%
Payout Rat.
Glenmark Pharmaceuticals Ltd, a company in the Pharmaceuticals industry, has declared an Final Dividend of ₹2.50 per share for the year 2024. Shareholders must own the shares before September 12, 2024, the announced ex-dividend date, to qualify for the payout. The stock is currently trading at ₹1747.95.
Previously, Glenmark Pharmaceuticals Ltd issued a Final Dividend of ₹2.50 per share in 2023. The dividend payout ratio of -4.70% reflects the proportion of earnings distributed as dividends. Glenmark Pharmaceuticals Ltd's dividend yield of 0.18% represents the return shareholders receive relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.14% |
| 2023 | 0.29% |
| 2022 | 0.64% |
| 2021 | 0.47% |
| 2020 | 0.50% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| September 12, 2024 | ₹2.50 | Final Dividend | ₹1747.95 |
| September 17, 2023 | ₹2.50 | Final Dividend | ₹856.5 |
| September 11, 2022 | ₹2.50 | Final Dividend | ₹388.95 |
| September 7, 2021 | ₹2.50 | Final Dividend | ₹530.5 |
| September 16, 2020 | ₹2.50 | Dividend | ₹499.8 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 2.82% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.65% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.35% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.57% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 3.16% | 2.51% |
FAQs
Glenmark Pharmaceuticals Ltd has declared dividend worth ₹2.50
Glenmark Pharmaceuticals Ltd has declared dividend on September 12, 2024
As of February 17, 2025, the dividend yield for Glenmark Pharmaceuticals Ltd is 0.18%
The most recent dividend payment for Glenmark Pharmaceuticals Ltd was ₹2.50 per share.
The current dividend payout ratio for Glenmark Pharmaceuticals Ltd is -4.70%