Bimetal Bearings Ltd

₹666.55

Bimetal Bearings Ltd Dividend 2024 : Should Bimetal Bearings Ltd be a part of your dividend portfolio?

Bimetal Bearings Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹255.29Cr. Its share price is ₹666.55 as on 22 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Bimetal Bearings Ltd gave ₹12.50 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 Bimetal Bearings Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Bimetal Bearings Ltd has declared dividend of ₹12.50 - translating a dividend yield of 1.88%.

Let's look at Bimetal Bearings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Bimetal Bearings Ltd’s revenue were ₹63.89Cr in the quarter ending September 2024. The revenue grew by 4.24% year on year basis since last quarter.
Bimetal Bearings Ltd’s profits were ₹1.96Cr in the quarter ending September 2024. The profits fell by -26.87% year on year basis since last quarter.
Bimetal Bearings Ltd’s dividend was ₹12.50 in the quarter ending March 2024.

Bimetal Bearings Ltd Dividend related ratios:

Last dividend date: 29/05/2024
Current Dividend Yield: 1.88%
Annual dividend payment: ₹12.50

History of Bimetal Bearings Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
12/07/2024	CASH	₹12.50	29/05/2024	13/07/2024
14/07/2023	CASH	₹12.50	20/05/2023	14/07/2023
22/07/2022	CASH	₹8	27/05/2022	25/07/2022
15/07/2021	CASH	₹8	17/06/2021	19/07/2021
26/08/2020	CASH	₹7	29/06/2020	28/08/2020