Alkem Laboratories Limited Stock Dividends
Alkem Laboratories Limited Stock Dividends Overview
ALKEM.NS pays dividends biannually. Last paid amount was ₹35.00 at Mar 01, 2024. As of today, dividend yield (TTM) is 0.93%.
Dividend Yield Range
AI Analysis of ALKEM.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.93% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 250.00% |
| Payout Ratio | 0 |
| Amount Per Share | ₹35.00 |
| Next Ex-Dividend Date | Aug 10, 2024 |
| Next Payment Date | Sep 04, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from ALKEM the purchase should be done within the next 49 days.
Here's a simple guide on how to buy ALKEM stock.
ALKEM Dividend Payout History
To ensure a understanding of ALKEM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 10, 2024 | Aug 10, 2024 | Sep 04, 2024 | ₹5.00 | 0.0969% |
| 2 | Feb 16, 2024 | Feb 16, 2024 | Mar 01, 2024 | ₹35.00 | 0.685% |
| 3 | Aug 10, 2023 | Aug 10, 2023 | Aug 10, 2023 | ₹10.00 | 0.241% |
| 4 | Feb 17, 2023 | Feb 17, 2023 | Feb 17, 2023 | ₹25.00 | 0.766% |
| 5 | Aug 08, 2022 | Aug 08, 2022 | Aug 08, 2022 | ₹4.00 | 0.134% |
| 6 | Feb 10, 2022 | Feb 10, 2022 | Feb 10, 2022 | ₹30.00 | 0.86% |
| 7 | Aug 09, 2021 | Aug 09, 2021 | Aug 09, 2021 | ₹5.00 | 0.142% |
| 8 | Feb 11, 2021 | Feb 11, 2021 | Feb 11, 2021 | ₹25.00 | 0.86% |
| 9 | Jun 05, 2020 | Aug 10, 2020 | Aug 21, 2020 | ₹3.00 | 0.105% |
| 10 | Jan 29, 2020 | Feb 13, 2020 | Feb 18, 2020 | ₹22.00 | 0.84% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
ALKEM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from ALKEM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ALKEM stock here.
Comparing ALKEM to Sector and Country
ALKEM.NS pays a solid dividend yield of 0.93%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.224%). ALKEM.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the IN market (5.22%), which means that there are more attractive dividend stocks to consider.
