$12.17
-0.08 (-0.65%)
As of Oct 2, 4:30 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$12.17
Dividend Income Calculator
If you invest $10,000 in RDY at $12.17/share
Monthly
$547.61
Quarterly
$1,642.84
Annually
$6,571.37
821 shares Based on current price of $12.17 per share
To earn $100/month in dividends
You would need 150 shares
$1,825.50
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.
0.75% $5.69 26.1% $1,142.85
RDY
Dr. Reddy's Laboratories
0.66% $8.00 11.8% $12.17
JNJ
Johnson & Johnson
3.12% $5.14 46.2% $256.03
MRK
Merck & Co. Inc.
2.87% $3.27 44.8% $144.30
PFE
Pfizer Inc.
5.38% $1.72 125.8% $27.80
BMY
Bristol-Myers Squibb Co
4.58% $2.51 71.5% $61.15
RPRX
Royalty Pharma Plc- Cl A
2.96% $0.65 49.1% $57.16
ZTS
Zoetis Inc
1.64% $2.04 33.3% $69.69
VTRS
Viatris Inc
5.09% $0.48 28.5% $17.60
OGN
Organon & Co
9.86% $0.34 47.1% $13.72