Laurus Labs Dividends and Buybacks

Dividend criteria checks 1/6

Laurus Labs is a dividend paying company with a current yield of 0.16% that is well covered by earnings. Next payment date is on 23rd November, 2024 with an ex-dividend date of 6th November, 2024.

Key information

0.2%

Dividend yield

-0.04%

Buyback Yield

Total Shareholder Yield0.1%
Future Dividend Yield0.4%
Dividend Growth-2.4%
Next dividend pay date23 Nov 24
Ex dividend date06 Nov 24
Dividend per share₹0.800
Payout ratio33%

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 540222 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 540222's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Laurus Labs Dividend Yield vs Market
How does 540222 dividend yield compare to the market?
SegmentDividend Yield
Company (540222)0.2%
Market Bottom 25% (IN)0.2%
Market Top 25% (IN)1.1%
Industry Average (Pharmaceuticals)0.7%
Analyst forecast (540222) (up to 3 years)0.4%

Notable Dividend: 540222's dividend (0.16%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.24%).

High Dividend: 540222's dividend (0.16%) is low compared to the top 25% of dividend payers in the Indian market (1.1%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.9%), 540222's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 540222 is paying a dividend but the company has no free cash flows.


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