Indoco Remedies Limited Stock Dividends
Indoco Remedies Limited Stock Dividends Overview
INDOCO.NS pays dividends yearly. Last paid amount was ₹2.25 at Oct 26, 2023. As of today, dividend yield (TTM) is 0.708%.
Dividend Yield Range
AI Analysis of INDOCO.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.708% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹2.25 |
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Indoco Remedies Limited has not yet announced its next dividend date. Last payment date was: Oct 26, 2023.
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INDOCO Dividend Payout History
To ensure a understanding of INDOCO'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 | Sep 18, 2023 | Sep 18, 2023 | Oct 26, 2023 | ₹2.25 | 0.708% |
| 2 | Sep 14, 2022 | Sep 14, 2022 | Sep 14, 2022 | ₹0.750 | 0.206% |
| 3 | Sep 17, 2021 | Sep 17, 2021 | Sep 17, 2021 | ₹1.50 | 0.312% |
| 4 | Sep 18, 2020 | Sep 18, 2020 | Sep 18, 2020 | ₹0.300 | 0.111% |
| 5 | Aug 22, 2019 | Aug 22, 2019 | Aug 22, 2019 | ₹0.300 | 0.216% |
| 6 | May 30, 2018 | Aug 31, 2018 | Oct 11, 2018 | ₹1.00 | 0.560% |
| 7 | May 26, 2017 | Jul 31, 2017 | Sep 08, 2017 | ₹1.60 | 0.82% |
| 8 | May 27, 2016 | Jul 20, 2016 | Aug 28, 2016 | ₹0.200 | 0.0645% |
| 9 | Mar 07, 2016 | Mar 17, 2016 | May 01, 2016 | ₹1.40 | 0.526% |
| 10 | May 27, 2015 | Jul 21, 2015 | Aug 29, 2015 | ₹1.60 | 0.482% |
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
INDOCO Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from INDOCO 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 INDOCO stock here.
Comparing INDOCO to Sector and Country
INDOCO.NS pays a solid dividend yield of 0.708%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.224%). INDOCO.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.
