DCMSRIND
DCM Shriram Industries Ltd
₹179.21
DCM Shriram Industries Ltd Dividend 2024 : Should DCM Shriram Industries Ltd be a part of your dividend portfolio?
DCM Shriram Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,575.43Cr. Its share price is ₹179.21 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, DCM Shriram Industries Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as DCM Shriram Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, DCM Shriram Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 1.12%.
Let's look at DCM Shriram Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- DCM Shriram Industries Ltd’s revenue were ₹541.82Cr in the quarter ending September 2024. The revenuefell by -7.47% year on year basis since last quarter.
- DCM Shriram Industries Ltd’s profits were ₹22.91Cr in the quarter ending September 2024. The profits grew by 11.16% year on year basis since last quarter.
- DCM Shriram Industries Ltd’s dividend was ₹2 in the quarter ending December 2023.
DCM Shriram Industries Ltd Dividend related ratios:
- Last dividend date: 28/03/2024
- Current Dividend Yield: 1.12%
- Annual dividend payment: ₹2
History of DCM Shriram Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/04/2024 | CASH | ₹2 | 28/03/2024 | 10/04/2024 |
22/02/2023 | CASH | ₹1 | 14/02/2023 | 22/02/2023 |
25/07/2022 | CASH | ₹0.50 | 30/05/2022 | 26/07/2022 |
23/02/2022 | CASH | ₹1 | 14/02/2022 | 24/02/2022 |
25/08/2021 | CASH | ₹2.50 | 29/06/2021 | 27/08/2021 |
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