Dredging Corporation of India Ltd Dividend 2024 : Should Dredging Corporation of India Ltd be a part of your dividend portfolio?
Dredging Corporation of India Ltd is one of the most popular Miscellaneous company in the world with a market capitalisation of ₹2,312.80Cr. Its share price is ₹805.65 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Dredging Corporation of India Ltd gave ₹3 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Miscellaneous stocks do not always pay a dividend but as Dredging Corporation of India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Dredging Corporation of India Ltd has declared dividend of ₹3 - translating a dividend yield of 0.37%.
Let's look at Dredging Corporation of India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Dredging Corporation of India Ltd’s revenue were ₹227.91Cr in the quarter ending September 2024. The revenue grew by 14.76% year on year basis since last quarter.
Dredging Corporation of India Ltd’s profits were ₹-33.51Cr in the quarter ending September 2024. The profits fell by -299.82% year on year basis since last quarter.
Dredging Corporation of India Ltd’s dividend was ₹3 in the quarter ending March 2019.
Dredging Corporation of India Ltd Dividend related ratios:
Last dividend date: 30/05/2019
Current Dividend Yield: 0.37%
Annual dividend payment: ₹3
History of Dredging Corporation of India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
31/07/2019
CASH
₹3
30/05/2019
02/08/2019
03/08/2018
CASH
₹2
28/05/2018
07/08/2018
22/09/2016
CASH
₹3
30/05/2016
24/09/2016
22/09/2015
CASH
₹3
27/05/2015
24/09/2015
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