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Laurus Labs (BOM:540222) 3-Year Dividend Growth Rate : 4.60% (As of Mar. 2024)


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What is Laurus Labs 3-Year Dividend Growth Rate?

Laurus Labs's Dividends per Share for the three months ended in Mar. 2024 was ₹0.00.

The historical rank and industry rank for Laurus Labs's 3-Year Dividend Growth Rate or its related term are showing as below:

BOM:540222' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.6   Med: 58.25   Max: 74.7
Current: 4.6

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Laurus Labs was 74.70% per year. The lowest was 4.60% per year. And the median was 58.25% per year.

BOM:540222's 3-Year Dividend Growth Rate is ranked worse than
63.81% of 315 companies
in the Drug Manufacturers industry
Industry Median: 10.8 vs BOM:540222: 4.60

During the past 12 months, Laurus Labs's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 41.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Laurus Labs's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Laurus Labs's Dividend Yield % is 0.18%.

Warning Sign:

Laurus Labs Ltd stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Laurus Labs's 3-Year Dividend Growth Rate

For the Drug Manufacturers - Specialty & Generic subindustry, Laurus Labs's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Laurus Labs's 3-Year Dividend Growth Rate Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Laurus Labs's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Laurus Labs's 3-Year Dividend Growth Rate falls into.



Laurus Labs 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Laurus Labs  (BOM:540222) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Laurus Labs's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 1.4
=0.00

During the past 11 years, the highest Dividend Payout Ratio of Laurus Labs was 0.54. The lowest was 0.08. And the median was 0.13.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Laurus Labs Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 0.4000002024-05-082024-05-082024-05-17Cash Dividendsemi-annuallyINR:INR 1.000000
INR 0.4000002023-11-022023-11-022023-11-10Cash Dividendsemi-annuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Laurus Labs's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.8/440.15
=0.18 %

Current Share Price is ₹440.15.
Laurus Labs's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹0.8.

During the past 11 years, the highest Dividend Yield of Laurus Labs was 0.88%. The lowest was 0.14%. And the median was 0.38%.

Warning Sign:

Laurus Labs Ltd stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Laurus Labs 3-Year Dividend Growth Rate Related Terms>


Laurus Labs (BOM:540222) Business Description

Traded in Other Exchanges
Address
Road No. 7, Banjara Hills, 2nd Floor, Serene Chambers, Hyderabad, TG, IND, 500034
Laurus Labs Ltd is a pharmaceutical company based in India. It provides active pharmaceuticals ingredients (API) including intermediates, Generic Finished dosage forms (FDF) and Contract Research services. The entity develops APIs and intermediates for select, high-growth antiretrovirals, Hepatitis C and Oncology. It also manufactures APIs in other therapeutic areas, such as anti-asthma, ophthalmology, anti-diabetics, cardiovascular, proton pump inhibitors, among others. The company has its business presence in India and Outside India of which it derives a majority of revenue from Outside India. It generates revenue from the sale of API, Intermediates and Formulations, Contract research services and others.

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