Dr. Reddy's Laboratories Limited (RDY) cut its annual dividend to $0.0643 per share from $0.0915 — a -29.8% change — effective with the ex-dividend date of 2026-07-09.

A dividend reduction is a material change worth examining alongside the company's earnings and payout coverage.

Special and one-time payments are excluded from this comparison; the figures reflect the regular dividend only. This note is informational, not advice.