ELGIEQUIP

Elgi Equipments Ltd

₹476.60

Elgi Equipments Ltd Dividend 2024 : Should Elgi Equipments Ltd be a part of your dividend portfolio?

Elgi Equipments Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹15,111.81Cr. Its share price is ₹476.60 as on 22 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Elgi Equipments Ltd gave ₹2 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 Elgi Equipments Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Elgi Equipments Ltd has declared dividend of ₹2 - translating a dividend yield of 0.42%.

Let's look at Elgi Equipments Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Elgi Equipments Ltd’s revenue were ₹862.93Cr in the quarter ending December 2024. The revenue grew by 3.38% year on year basis since last quarter.
Elgi Equipments Ltd’s profits were ₹80.58Cr in the quarter ending December 2024. The profits fell by -3.93% year on year basis since last quarter.
Elgi Equipments Ltd’s dividend was ₹2 in the quarter ending March 2024.

Elgi Equipments Ltd Dividend related ratios:

Last dividend date: 27/05/2024
Current Dividend Yield: 0.42%
Annual dividend payment: ₹2

History of Elgi Equipments Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
24/07/2024	CASH	₹2	27/05/2024	25/07/2024
28/07/2023	CASH	₹2	19/05/2023	28/07/2023
04/08/2022	CASH	₹1.15	13/05/2022	05/08/2022
23/07/2021	CASH	₹0.80	21/05/2021	26/07/2021
18/03/2020	CASH	₹1.65	06/03/2020	19/03/2020