As of today (2024-05-30), the Trailing Annual Dividend Yield of Laurus Labs is 0.18%.
Warning Sign:
Laurus Labs Ltd stock dividend yield is close to 3-year low.
The historical rank and industry rank for Laurus Labs's Dividend Yield % or its related term are showing as below:
BOM:540222'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.14 Med: 0.38 Max: 0.88
Current: 0.18
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%.
BOM:540222's Dividend Yield % is ranked worse than 96.61% of 502
companies
in the Drug Manufacturers industry
Industry Median: 1.76
vs BOM:540222: 0.18
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Laurus Labs Dividend Yield % Historical Data
The historical data trend for Laurus Labs's Dividend Yield % can be seen below:
* 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.
Competitive Comparison of Laurus Labs's Dividend Yield %
For the Drug Manufacturers - Specialty & Generic subindustry, Laurus Labs's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Laurus Labs's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Laurus Labs's Dividend Yield % falls into.
Laurus Labs Dividend Yield % Calculation
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 0.400000
2024-05-08
2024-05-08
2024-05-17
Cash Dividend
semi-annually
INR:INR 1.000000
INR 0.400000
2023-11-02
2023-11-02
2023-11-10
Cash Dividend
semi-annually
INR: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual 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.
Laurus Labs's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward 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 forward twelve months is calculated as ₹0.4 * 2 = ₹0.8.
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Laurus Labs's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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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