GRASIM
Grasim Industries Ltd
₹2,534.85
Grasim Industries Ltd Dividend 2024 : Should Grasim Industries Ltd be a part of your dividend portfolio?
Grasim Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,68,320.13Cr. Its share price is ₹2,534.85 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Grasim Industries Ltd gave ₹20 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 Grasim Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Grasim Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 0.79%.
Let's look at Grasim Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Grasim Industries Ltd’s revenue were ₹34,044.11Cr in the quarter ending September 2024. The revenue grew by 11.6% year on year basis since last quarter.
- Grasim Industries Ltd’s profits were ₹389.90Cr in the quarter ending September 2024. The profits fell by -66.5% year on year basis since last quarter.
- Grasim Industries Ltd’s dividend was ₹10 in the quarter ending March 2024.
Grasim Industries Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 0.79%
- Annual dividend payment: ₹20
History of Grasim Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
06/08/2024 | CASH | ₹10 | 22/05/2024 | 07/08/2024 |
11/08/2023 | CASH | ₹10 | 26/05/2023 | 12/08/2023 |
11/08/2022 | CASH | ₹5 | 24/05/2022 | 13/08/2022 |
11/08/2022 | CASH | ₹5 | 24/05/2022 | 13/08/2022 |
12/08/2021 | CASH | ₹5 | 25/05/2021 | 14/08/2021 |
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