Novartis India Ltd

₹972.95

Novartis India Ltd Dividend 2024 : Should Novartis India Ltd be a part of your dividend portfolio?

Novartis India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,402.29Cr. Its share price is ₹972.95 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Novartis India Ltd gave ₹72.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Basic Materials stocks do not always pay a dividend but as Novartis India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Novartis India Ltd has declared dividend of ₹25 - translating a dividend yield of 7.45%.

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

Novartis India Ltd’s revenue were ₹97.43Cr in the quarter ending September 2024. The revenue grew by 1.87% year on year basis since last quarter.
Novartis India Ltd’s profits were ₹20.41Cr in the quarter ending September 2024. The profits fell by -13.81% year on year basis since last quarter.
Novartis India Ltd’s dividend was ₹25 in the quarter ending March 2024.

Novartis India Ltd Dividend related ratios:

Last dividend date: 10/05/2024
Current Dividend Yield: 7.45%
Annual dividend payment: ₹72.50

History of Novartis India Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
23/07/2024	CASH	₹25	10/05/2024	24/07/2024
20/07/2023	CASH	₹10	10/05/2023	21/07/2023
20/07/2023	CASH	₹37.50	10/05/2023	21/07/2023
20/07/2022	CASH	₹10	19/05/2022	22/07/2022
17/08/2021	CASH	₹10	17/06/2021	20/08/2021