CG Power & Industrial Solutions Ltd Dividend 2024 : Should CG Power & Industrial Solutions Ltd be a part of your dividend portfolio?
CG Power & Industrial Solutions Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,02,958.96Cr. Its share price is ₹673.55 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, CG Power & Industrial Solutions Ltd gave ₹2.80 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 CG Power & Industrial Solutions Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, CG Power & Industrial Solutions Ltd has declared dividend of ₹1.30 - translating a dividend yield of 0.42%.
Let's look at CG Power & Industrial Solutions Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
CG Power & Industrial Solutions Ltd’s revenue were ₹2,260.67Cr in the quarter ending June 2024. The revenue grew by 18.77% year on year basis since last quarter.
CG Power & Industrial Solutions Ltd’s profits were ₹241.14Cr in the quarter ending June 2024. The profits grew by 18.37% year on year basis since last quarter.
CG Power & Industrial Solutions Ltd’s dividend was ₹1.30 in the quarter ending December 2023.
CG Power & Industrial Solutions Ltd Dividend related ratios:
Last dividend date: 23/01/2024
Current Dividend Yield: 0.42%
Annual dividend payment: ₹2.80
History of CG Power & Industrial Solutions Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
05/02/2024
CASH
₹1.30
23/01/2024
05/02/2024
15/03/2023
CASH
₹1.50
02/03/2023
15/03/2023
06/02/2015
CASH
₹0.40
03/02/2015
09/02/2015
22/10/2014
CASH
₹0.40
16/10/2014
27/10/2014
CG Power & Industrial Solutions Ltd Dividend v/s CG Power & Industrial Solutions Ltd Share price
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