Divgi Torqtransfer Systems Ltd Dividend 2024 : Should Divgi Torqtransfer Systems Ltd be a part of your dividend portfolio?
Divgi Torqtransfer Systems Ltd is one of the most popular Auto Ancillaries company in the world with a market capitalisation of ₹1,797.82Cr. Its share price is ₹587.50 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Divgi Torqtransfer Systems Ltd gave ₹2.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Auto Ancillaries stocks do not always pay a dividend but as Divgi Torqtransfer Systems Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Divgi Torqtransfer Systems Ltd has declared dividend of ₹2.60 - translating a dividend yield of 0.44%.
Let's look at Divgi Torqtransfer Systems Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Divgi Torqtransfer Systems Ltd’s revenue were ₹59.38Cr in the quarter ending June 2024. The revenuefell by -3.62% year on year basis since last quarter.
Divgi Torqtransfer Systems Ltd’s profits were ₹5.96Cr in the quarter ending June 2024. The profits fell by -42.86% year on year basis since last quarter.
Divgi Torqtransfer Systems Ltd’s dividend was ₹2.60 in the quarter ending March 2024.
Divgi Torqtransfer Systems Ltd Dividend related ratios:
Last dividend date: 24/05/2024
Current Dividend Yield: 0.44%
Annual dividend payment: ₹2.60
History of Divgi Torqtransfer Systems Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/07/2024
CASH
₹2.60
24/05/2024
23/07/2024
24/07/2023
CASH
₹3.35
18/05/2023
24/07/2023
Divgi Torqtransfer Systems Ltd Dividend v/s Divgi Torqtransfer Systems Ltd Share price
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