Laurus Labs Dividend
Dividend criteria checks 1/6
Laurus Labs is a dividend paying company with a current yield of 0.18% that is well covered by earnings. Next payment date is on 25th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
0.2%
Dividend yield
27%
Payout ratio
| Industry average yield | 0.7% |
| Next dividend pay date | 25 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | ₹2.98 |
| Dividend yield forecast in 3Y | 0.4% |
Recent dividend updates
Laurus Labs' (NSE:LAURUSLABS) Dividend Will Be ₹0.40
Apr 28
Laurus Labs (NSE:LAURUSLABS) Is Paying Out Less In Dividends Than Last Year
Oct 22Laurus Labs (NSE:LAURUSLABS) Is Paying Out A Dividend Of ₹1.20
Apr 30Recent updates
Laurus Labs' (NSE:LAURUSLABS) Dividend Will Be ₹0.40
Apr 28Laurus Labs Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jan 27Is Laurus Labs (NSE:LAURUSLABS) A Risky Investment?
Dec 01Laurus Labs (NSE:LAURUSLABS) Is Paying Out Less In Dividends Than Last Year
Oct 22These 4 Measures Indicate That Laurus Labs (NSE:LAURUSLABS) Is Using Debt Reasonably Well
Jul 06Laurus Labs (NSE:LAURUSLABS) Is Paying Out A Dividend Of ₹1.20
Apr 30Is Laurus Labs (NSE:LAURUSLABS) A Risky Investment?
Dec 18Is Laurus Labs Limited (NSE:LAURUSLABS) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 27Is Laurus Labs (NSE:LAURUSLABS) Using Too Much Debt?
Sep 09Laurus Labs (NSE:LAURUSLABS) Has A Somewhat Strained Balance Sheet
Jun 11Laurus Labs (NSE:LAURUSLABS) Is Paying Out A Larger Dividend Than Last Year
May 02Laurus Labs (NSE:LAURUSLABS) Seems To Use Debt Quite Sensibly
Feb 26With EPS Growth And More, Laurus Labs (NSE:LAURUSLABS) Is Interesting
Feb 11Does Laurus Labs (NSE:LAURUSLABS) Have A Healthy Balance Sheet?
Nov 26Laurus Labs (NSE:LAURUSLABS) Is Due To Pay A Dividend Of ₹0.80
Nov 13I Ran A Stock Scan For Earnings Growth And Laurus Labs (NSE:LAURUSLABS) Passed With Ease
Nov 12Laurus Labs (NSE:LAURUSLABS) Has Affirmed Its Dividend Of ₹0.80
Oct 30A Look At The Intrinsic Value Of Laurus Labs Limited (NSE:LAURUSLABS)
Oct 05Should You Be Adding Laurus Labs (NSE:LAURUSLABS) To Your Watchlist Today?
Aug 10Laurus Labs (NSE:LAURUSLABS) Seems To Use Debt Quite Sensibly
Jul 23Is Laurus Labs Limited (NSE:LAURUSLABS) Worth ₹547 Based On Its Intrinsic Value?
Jun 06We Think That There Are Issues Underlying Laurus Labs' (NSE:LAURUSLABS) Earnings
May 06Should You Be Adding Laurus Labs (NSE:LAURUSLABS) To Your Watchlist Today?
May 05We Think Laurus Labs (NSE:LAURUSLABS) Can Stay On Top Of Its Debt
Mar 16Could The Laurus Labs Limited (NSE:LAURUSLABS) Ownership Structure Tell Us Something Useful?
Mar 01Shareholders Are Raving About How The Laurus Labs (NSE:LAURUSLABS) Share Price Increased 331%
Feb 16There's A Lot To Like About Laurus Labs' (NSE:LAURUSLABS) Upcoming ₹0.40 Dividend
Feb 03
Laurus Labs Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Jan 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAURUSLABS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LAURUSLABS'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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LAURUSLABS) | 0.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Pharmaceuticals) | 0.7% |
| Analyst forecast in 3 Years (LAURUSLABS) | 0.4% |
Notable Dividend: LAURUSLABS's dividend (0.18%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: LAURUSLABS's dividend (0.18%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.8%), LAURUSLABS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LAURUSLABS is paying a dividend but the company has no free cash flows.