FORCEMOT
Force Motors Ltd
₹6,647.30
Force Motors Ltd Dividend 2024 : Should Force Motors Ltd be a part of your dividend portfolio?
Force Motors Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹8,766.22Cr. Its share price is ₹6,647.30 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Force Motors Ltd gave ₹30 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 Force Motors Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Force Motors Ltd has declared dividend of ₹20 - translating a dividend yield of 0.45%.
Let's look at Force Motors Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Force Motors Ltd’s revenue were ₹1,949.90Cr in the quarter ending September 2024. The revenue grew by 7.69% year on year basis since last quarter.
- Force Motors Ltd’s profits were ₹135.02Cr in the quarter ending September 2024. The profits grew by 43.84% year on year basis since last quarter.
- Force Motors Ltd’s dividend was ₹20 in the quarter ending March 2024.
Force Motors Ltd Dividend related ratios:
- Last dividend date: 26/04/2024
- Current Dividend Yield: 0.45%
- Annual dividend payment: ₹30
History of Force Motors Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
28/08/2024 | CASH | ₹20 | 26/04/2024 | 28/08/2024 |
21/09/2023 | CASH | ₹10 | 29/05/2023 | 22/09/2023 |
20/09/2022 | CASH | ₹10 | 27/05/2022 | 22/09/2022 |
20/09/2021 | CASH | ₹5 | 28/05/2021 | 22/09/2021 |
21/09/2020 | CASH | ₹10 | 27/06/2020 | 23/09/2020 |
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