$12.19
+0.08 (+0.66%)
As of Aug 18, 4:45 PM ET ·
Dividend Overview
0.66%
Dividend Yield
-0.64% vs S&P 500 avg
$8.00
Annual Dividend
Per Payment$2.00
Frequencyquarterly
Payout Ratio11.8%
Ex-Dividend
Pay Date
Stock Price$12.19
Dividend Income Calculator
If you invest $10,000 in RDY at $12.19/share
Monthly
$546.95
Quarterly
$1,640.84
Annually
$6,563.36
820 shares Based on current price of $12.19 per share
To earn $100/month in dividends
You would need 150 shares
$1,828.50
investment needed
Dividend Safety
Safe 11.8% payout ratio
Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Pharmaceuticals
Stock Yield Annual Div Payout Ratio Price
LLY
Eli Lilly and Co.
0.57% $5.69 26.1% $1,225.73
RDY
Dr. Reddy's Laboratories
0.66% $8.00 11.8% $12.19
JNJ
Johnson & Johnson
2.05% $5.14 46.2% $271.11
MRK
Merck & Co. Inc.
2.51% $3.27 44.8% $135.17
PFE
Pfizer Inc.
6.42% $1.72 125.8% $27.25
BMY
Bristol-Myers Squibb Co
3.90% $2.51 71.5% $66.05
RPRX
Royalty Pharma Plc- Cl A
1.61% $0.65 49.1% $59.69
ZTS
Zoetis Inc
1.64% $2.04 33.3% $73.96
VTRS
Viatris Inc
2.70% $0.48 28.5% $16.17
OGN
Organon & Co
0.58% $0.34 47.1% $13.69