DDev Plastiks Industries Ltd Dividend 2024 : Should DDev Plastiks Industries Ltd be a part of your dividend portfolio?
DDev Plastiks Industries Ltd is one of the most popular Chemicals company in the world with a market capitalisation of ₹3,606.16Cr. Its share price is ₹348.50 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, DDev Plastiks Industries Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Chemicals stocks do not always pay a dividend but as DDev Plastiks Industries Ltd pays dividends to reward its shareholders.
In the quarter ending September 2023, DDev Plastiks Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.43%.
Let's look at DDev Plastiks Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
DDev Plastiks Industries Ltd’s revenue were ₹631.72Cr in the quarter ending June 2024. The revenuefell by -2.14% year on year basis since last quarter.
DDev Plastiks Industries Ltd’s profits were ₹42.45Cr in the quarter ending June 2024. The profits grew by 12.27% year on year basis since last quarter.
DDev Plastiks Industries Ltd’s dividend was ₹0.50 in the quarter ending September 2023.
DDev Plastiks Industries Ltd Dividend related ratios:
Last dividend date: 12/11/2023
Current Dividend Yield: 0.43%
Annual dividend payment: ₹1.50
History of DDev Plastiks Industries Ltd's Dividend payments