LAURUSLABS

Laurus Labs Ltd

₹545.50

Laurus Labs Ltd Dividend 2024 : Should Laurus Labs Ltd be a part of your dividend portfolio?

Laurus Labs Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹28,488.71Cr. Its share price is ₹545.50 as on 4 March,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Laurus Labs Ltd gave ₹0.80 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Healthcare stocks do not always pay a dividend but as Laurus Labs Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Laurus Labs Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.15%.

Let's look at Laurus Labs Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Laurus Labs Ltd’s revenue were ₹1,424.47Cr in the quarter ending December 2024. The revenue grew by 18.97% year on year basis since last quarter.
Laurus Labs Ltd’s profits were ₹92.30Cr in the quarter ending December 2024. The profits grew by 298.88% year on year basis since last quarter.
Laurus Labs Ltd’s dividend was ₹0.40 in the quarter ending September 2024.

Laurus Labs Ltd Dividend related ratios:

Last dividend date: 24/10/2024
Current Dividend Yield: 0.15%
Annual dividend payment: ₹0.80

History of Laurus Labs Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
06/11/2024	CASH	₹0.40	24/10/2024	06/11/2024
08/05/2024	CASH	₹0.40	25/04/2024	08/05/2024
02/11/2023	CASH	₹0.40	20/10/2023	02/11/2023
10/05/2023	CASH	₹1.20	27/04/2023	10/05/2023
03/11/2022	CASH	₹0.80	21/10/2022	04/11/2022