Granules India Limited Stock Dividends
GRANULES.NS used to pay dividends quarterly. Last paid amount was ₹1.50 at Aug 03, 2023. As of today, dividend yield (TTM) is 0.471%.
Dividend Yield Range
AI Analysis of GRANULES.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.471% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹1.50 |
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Granules India Limited has not yet announced its next dividend date. Last payment date was: Aug 03, 2023.
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GRANULES Dividend Payout History
To ensure a understanding of GRANULES'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 03, 2023 | Aug 03, 2023 | Aug 03, 2023 | ₹1.50 | 0.471% |
| 2 | Jul 19, 2022 | Jul 19, 2022 | Jul 19, 2022 | ₹0.750 | 0.243% |
| 3 | Feb 17, 2022 | Feb 17, 2022 | Feb 17, 2022 | ₹0.250 | 0.0818% |
| 4 | Nov 24, 2021 | Nov 24, 2021 | Nov 24, 2021 | ₹0.250 | 0.0800% |
| 5 | Aug 05, 2021 | Aug 05, 2021 | Aug 05, 2021 | ₹0.250 | 0.0647% |
| 6 | Jul 28, 2021 | Jul 28, 2021 | Jul 28, 2021 | ₹0.750 | 0.202% |
| 7 | Feb 08, 2021 | Feb 08, 2021 | Feb 08, 2021 | ₹0.250 | 0.0754% |
| 8 | Oct 28, 2020 | Oct 28, 2020 | Oct 28, 2020 | ₹0.250 | 0.0661% |
| 9 | Aug 05, 2020 | Aug 05, 2020 | Aug 05, 2020 | ₹0.250 | 0.0789% |
| 10 | Jul 28, 2020 | Jul 28, 2020 | Jul 28, 2020 | ₹0.250 | 0.0856% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
GRANULES Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GRANULES 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 GRANULES stock here.
Comparing GRANULES to Sector and Country
GRANULES.NS pays a solid dividend yield of 0.471%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.225%). GRANULES.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the IN market (5.89%), which means that there are more attractive dividend stocks to consider.
