D P Wires Ltd Dividend 2024 : Should D P Wires Ltd be a part of your dividend portfolio?
D P Wires Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹578.24Cr. Its share price is ₹373.10 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, D P Wires Ltd gave ₹1.20 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 D P Wires Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, D P Wires Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.32%.
Let's look at D P Wires Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
D P Wires Ltd’s revenue were ₹147.94Cr in the quarter ending September 2024. The revenuefell by -46.49% year on year basis since last quarter.
D P Wires Ltd’s profits were ₹6.02Cr in the quarter ending September 2024. The profits fell by -33.55% year on year basis since last quarter.
D P Wires Ltd’s dividend was ₹1.20 in the quarter ending June 2023.
D P Wires Ltd Dividend related ratios:
Last dividend date: 26/07/2023
Current Dividend Yield: 0.32%
Annual dividend payment: ₹1.20
History of D P Wires Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/09/2023
CASH
₹1.20
26/07/2023
22/09/2023
21/09/2022
CASH
₹1
23/05/2022
22/09/2022
D P Wires Ltd Dividend v/s D P Wires Ltd Share price
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