Gini Silk Mills Ltd

₹116.35

Gini Silk Mills Ltd Dividend 2024 : Should Gini Silk Mills Ltd be a part of your dividend portfolio?

Gini Silk Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹65.04Cr. Its share price is ₹116.35 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Gini Silk Mills Ltd gave ₹1 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 Gini Silk Mills Ltd pays dividends to reward its shareholders.
In the quarter ending December 2019, Gini Silk Mills Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.86%.

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

Gini Silk Mills Ltd’s revenue were ₹11.76Cr in the quarter ending September 2024. The revenuefell by -4.39% year on year basis since last quarter.
Gini Silk Mills Ltd’s profits were ₹0.59Cr in the quarter ending September 2024. The profits fell by -46.85% year on year basis since last quarter.
Gini Silk Mills Ltd’s dividend was ₹0.50 in the quarter ending December 2019.

Gini Silk Mills Ltd Dividend related ratios:

Last dividend date: 04/03/2020
Current Dividend Yield: 0.86%
Annual dividend payment: ₹1

History of Gini Silk Mills Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
16/03/2020	CASH	₹0.50	04/03/2020	17/03/2020
29/08/2019	CASH	₹0.50	30/05/2019	31/08/2019
12/09/2018	CASH	₹0.50	28/05/2018	15/09/2018
22/08/2017	CASH	₹0.50	27/05/2017	24/08/2017
17/03/2016	CASH	₹0.50	07/03/2016	18/03/2016