BALUFORGE
Balu Forge Industries Ltd
₹748.50
Balu Forge Industries Ltd Dividend 2024 : Should Balu Forge Industries Ltd be a part of your dividend portfolio?
Balu Forge Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹8,195.56Cr. Its share price is ₹748.50 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Balu Forge Industries Ltd gave ₹0.15 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Balu Forge Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2024, Balu Forge Industries Ltd has declared dividend of ₹0.15 - translating a dividend yield of 0.02%.
Let's look at Balu Forge Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Balu Forge Industries Ltd’s revenue were ₹225.38Cr in the quarter ending September 2024. The revenue grew by 57.29% year on year basis since last quarter.
- Balu Forge Industries Ltd’s profits were ₹48.14Cr in the quarter ending September 2024. The profits grew by 106.88% year on year basis since last quarter.
- Balu Forge Industries Ltd’s dividend was ₹0.15 in the quarter ending June 2024.
Balu Forge Industries Ltd Dividend related ratios:
- Last dividend date: 30/07/2024
- Current Dividend Yield: 0.02%
- Annual dividend payment: ₹0.15
History of Balu Forge Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2024 | CASH | ₹0.15 | 30/07/2024 | 20/09/2024 |
17/11/2021 | CASH | ₹0.10 | 02/11/2021 | 18/11/2021 |
