Dr Reddy's Laboratories (Dr Reddy's Laboratories) Dividend Yield %

: 0.68% (As of Today)

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As of today (2024-04-23), the Trailing Annual Dividend Yield of Dr Reddy's Laboratories is 0.68%.

The historical rank and industry rank for Dr Reddy's Laboratories's Dividend Yield % or its related term are showing as below:

RDY' s Dividend Yield % Range Over the Past 10 Years
Min: 0.38 Med: 0.63 Max: 1.03
Current: 0.68

During the past 13 years, the highest Dividend Yield of Dr Reddy's Laboratories was 1.03%. The lowest was 0.38%. And the median was 0.63%.

RDY's Dividend Yield % is ranked worse than
83.17% of 499 companies
in the Drug Manufacturers industry
Industry Median: 1.82 vs RDY: 0.68

Dr Reddy's Laboratories's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Dr Reddy's Laboratories was 0.40. The lowest was 0.11. And the median was 0.15.

As of today (2024-04-23), the Forward Dividend Yield % of Dr Reddy's Laboratories is 0.68%.

Dr Reddy's Laboratories's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Dr Reddy's Laboratories's average Dividends Per Share Growth Rate was 33.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Dr Reddy's Laboratories was 171.40% per year. The lowest was -10.60% per year. And the median was 14.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Dr Reddy's Laboratories Dividend Yield % Historical Data

The historical data trend for Dr Reddy's Laboratories's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dr Reddy's Laboratories Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Yield %

0.72

0.54

0.60

Dr Reddy's Laboratories Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %																-	-	-	0.73	0.70

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Dr Reddy's Laboratories's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dr Reddy's Laboratories Dividend Yield % Distribution

For the Drug Manufacturers industry and Healthcare sector, Dr Reddy's Laboratories's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Dr Reddy's Laboratories's Dividend Yield % falls into.

Dr Reddy's Laboratories Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Dr Reddy's Laboratories Recent Full-Year* Dividend History

Amount	Ex-date	Record Date	Pay Date	Type	Frequency	Forex Rate
USD 0.488	2023-07-07	2023-07-10	0000-00-00	Cash Dividend	annually	USD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Dr Reddy's Laboratories's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.488	/	72.15
	=	0.68 %

Current Share Price is $72.15.
Dr Reddy's Laboratories's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.488.

Dr Reddy's Laboratories's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=		/	72.15
	=	0.00 %

Current Share Price is $72.15.
Dr Reddy's Laboratories's Dividends per Share for the forward twelve months is calculated as $ * = $.

Dr Reddy's Laboratories (NYSE:RDY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Dr Reddy's Laboratories Dividend Yield % Related Terms

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Dr Reddy's Laboratories (Dr Reddy's Laboratories) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Dr Reddy's Laboratories Ltd (NYSE:RDY) » Definitions » Dividend Yield %

Traded in Other Exchanges

DRREDDY:India 500124:India RDDA:Germany RDDA:Germany R1DY34:Brazil

Address

8-2-337, Road No. 3, Banjara Hills, Hyderabad, TG, IND, 500 034

Website

https://www.drreddys.com

Dr. Reddy's is one of the largest generic drug manufacturers in the world. It has a significant presence in North America, a region that makes up roughly half of its generics sales, and it services India (22% of its generics sales), Russia (12%), and certain European and Latin American countries. Beyond simple generics, Dr. Reddy's also has a solid portfolio of injectables which make up 25% of its North America sales. In branded generic markets like India, Dr. Reddy's has established a compelling presence with its strong brand name and earned a top five spot in key therapeutic areas including oncology and gastroenterology. Dr. Reddy's also has an active pharmaceutical ingredient business that manufactures over 150 APIs and sells in over 75 countries.