RDY Dividend History - Dr. Reddy’s Laboratories

Track the latest RDY dividend history! 6.23% Dividend Yield, 15.35% Annual Growth - Explore RDY's complete dividend history

Yield 12m 6.23%
Cash Amount 12m 0.96
Dividend Growth 5y avg 15.35%
Dividend Rating 76.04%
Yield on Cost 5y 13.73%
Payout Ratio current 0.2%
Payout Frequency 12m 2
Payout Consistency 65.9%
Total Return 12m: 17.76%
#51 in Group
Total Return 5y: 116.73%
#14 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Pharmaceuticals
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
RDY 12,333m 6.23% 13.7%
SIGA 504m 10.2% 15.5%
PFE 143,772m 6.37% 5.59%
BMY 113,314m 5.27% 5.70%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
RDY 12,333m 15.4% 76.0%
FAGR 1,394m 15.8% 56.4%
RPRX 15,708m 27.8% 70.3%
ZTS 79,067m 18.0% 63.1%

RDY Dividend History - Last 29 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-07-30 2024-07-15 2024-08-12 Annual 0.479 -0% 0.59%
2024-07-15 2024-07-15 Annual 0.4792 391% 0.6%
2023-07-28 2023-07-10 2023-08-11 Annual 0.0976 -80% 0.14%
2023-07-07 2023-07-10 Annual 0.488 29.1% 0.78%
2022-08-01 2022-07-11 2022-08-12 Annual 0.378 388.4% 0.74%
2022-07-08 2022-07-11 Annual 0.0774 13.2% 0.14%
2021-07-08 0.0684 3.6% 0.09%
2020-07-10 2020-07-13 2020-08-17 Annual 0.066 -77% 0.13%
2019-07-12 2019-07-15 2019-08-15 Annual 0.287 383.2%
2018-07-13 2018-07-16 2018-08-09 Annual 0.0594 -80.8%
2017-07-13 2017-07-17 2017-08-10 Annual 0.31 4.4%
2016-07-14 2016-07-18 2016-08-09 Annual 0.297 376%
2015-07-08 2015-07-10 2015-08-17 Annual 0.0624 3%
2014-08-01 2014-07-11 2014-08-15 Annual 0.0606 14.8%
2013-07-10 2013-07-12 2013-08-15 Annual 0.0528 15.3%
2012-06-27 2012-06-29 2012-08-06 Annual 0.0458 -81.8%
2011-06-29 2011-07-01 2011-08-11 Annual 0.251 -61.5%
2011-06-14 2011-06-16 2011-06-23 Unknown 0.652 1258.3%
2010-06-30 2010-07-02 2010-08-17 Annual 0.048 -63.4%
2009-07-02 2009-07-07 2009-08-12 Annual 0.131 33.7%
2008-07-03 2008-07-08 2008-08-18 Annual 0.098 6.5%
2007-07-06 2007-07-10 2007-08-10 Annual 0.092 744%
2006-07-07 2006-07-11 2006-08-21 Annual 0.0109 -5.2%
2005-07-07 2005-07-11 2005-08-16 Annual 0.0115 -78.9%
2004-07-15 2004-07-19 2004-08-24 Annual 0.0545 409.3%
2003-08-07 2003-08-11 2003-10-02 Annual 0.0107 105.8%
2002-08-08 2002-08-12 2002-09-30 Annual 0.0052 -74%
2002-03-20 0.02 -60%
2001-11-20 2001-11-23 2001-12-13 Other 0.05

RDY Dividend History - FAQ

What is the Dividend Yield of RDY?

As of December 2024 RDY`s Dividend Yield is 6.23%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.96 USD by the current stock price of 15.37.

What is the long-term Dividend Growth Rate of RDY?

In the last 5 Years the Average Dividend Growth Rate was 15.35% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does RDY pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) RDY paid 2 times a dividend.

What is the Yield on Cost of RDY?

The 5 Year Yield-On-Cost is 13.73%. That's the effective dividend income you'd receive today if you purchased Dr. Reddy’s Laboratories five years ago. It is calculated by the Rate of the last 12 Months (0.96) divided by the price 5 years ago (6.98).

What is the Payout Consistency of RDY?

RDY has a Payout Consistency of 65.9%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of RDY?

The Overall Dividend Rating of 76.04 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does RDY have a good Dividend Yield?

RDY`s 6.23% Dividend Yield is considered as: high.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for RDY?

The next Dividend Date for RDY is unknown.

What is the Dividend Payout Ratio of RDY?

The Dividend Payout Ratio of RDY is 0.2%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: RDY Outstanding Shares

What is the Trend of RDY`s Outstanding Shares?

The Outstanding Shares of Dr. Reddy’s Laboratories are growing at a rate of 0.10% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 89.4%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Dr. Reddy’s Laboratories ever had a Stock Split?

Yes, last Stock Split was on 2024-11-05 with a factor of 5:1. This stock split increased the number of shares and lowered the price per share by a ratio of 5.
Year Number of Shares (Mill.) Growth Rate
2009 850000000
2010 1200000000 +41.18%
2011 827000000 -31.08%
2012 878000000 +6.17%
2013 856000000 -2.51%
2014 855000000 -0.12%
2015 852000000 -0.35%
2016 855000000 +0.35%
2017 835000000 -2.34%
2018 831000000 -0.48%
2019 831000000
2020 830000000 -0.12%
2021 832000000 +0.24%
2022 832000000
2023 832000000
2024 834000000 +0.24%