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Dr. Reddy's Laboratories (RDY) Dividend Yield, Date & History

Dr. Reddy's Laboratories logo
$15.37 +0.25 (+1.65%)
(As of 12/20/2024 05:31 PM ET)

Dr. Reddy's Laboratories Dividend Summary

Dividend Yield
0.52%
Annual Dividend
$0.08
Recent
Dividend Payment
Jul. 30
Annualized 3-Year
Dividend Growth
13.13%
Dividend Payout Ratio
12.70%

Dr. Reddy's Laboratories (RDY) pays an annual dividend of $0.08 per share, with a dividend yield of 0.52%. The next annually payment of $0.0814 per share was paid on Tuesday, July 30, to investors who owned the stock before the ex-dividend date of Tuesday, July 30. The company currently pays out 12.70% of its earnings and 7.42% of its cash flow as dividends.

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RDY Dividend Payments by Quarter

The chart below displays up to four years of Dr. Reddy's Laboratories' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

RDY Dividend Yield Over Time

The chart below tracks Dr. Reddy's Laboratories' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Dr. Reddy's Laboratories vs. The Competition

Compare Dr. Reddy's Laboratories' annual dividend, yield, and 3-year growth rate with averages for Medical and NYSE companies to evaluate its performance against the market.

TypeDr. Reddy's LaboratoriesMedical CompaniesNYSE Companies
Annual Dividend$0.08$0.05$1.39
Dividend Yield0.52%4.87%3.58%
Annualized 3-Year Dividend Growth13.13%16.19%15.78%

Dr. Reddy's Laboratories Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings12.70%
Based on This Year's Estimate9.64%
Based on Next Year's Estimate9.30%
Based on Cashflow7.42%

Dr. Reddy's Laboratories Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
5/9/2024annual$0.0814-$0.0162
16.57%
0.5%7/30/20247/15/20247/30/2024
7/18/2023annual$0.0975+$0.0325
50.05%
0.7%7/28/20231/1/21007/28/2023

This table shows Dr. Reddy's Laboratories' annuallydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Dr. Reddy's Laboratories Dividend - Frequently Asked Questions

The current dividend yield for Dr. Reddy's Laboratories is 0.52%. Learn more on RDY's dividend yield history.

The annual dividend for RDY shares is $0.08. Learn more on RDY's annual dividend history.

Dr. Reddy's Laboratories pays annually dividends to shareholders.

Dr. Reddy's Laboratories's most recent annually dividend payment of $0.0814 per share was made to shareholders on Tuesday, July 30, 2024.

Dr. Reddy's Laboratories's most recent ex-dividend date was Tuesday, July 30, 2024.

Over the past three years, the company's dividend has grown by an average of 13.13% per year.

The most recent change in the company's dividend was a decrease of $0.0162 on Thursday, May 9, 2024.

The dividend payout ratio for RDY is:
  • 12.70% based on the trailing year of earnings
  • 9.64% based on this year's estimates
  • 9.30% based on next year's estimates
  • 7.42% based on cash flow

Dr. Reddy's Laboratories' dividend yield of 0.55% is lower than the average Medical company that issues a dividend. Dr. Reddy's Laboratories' dividend payout ratio of 12.70% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Dr. Reddy's Laboratories stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:RDY) was last updated on 12/21/2024 by MarketBeat.com Staff
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