GRINDWELL
Grindwell Norton Ltd
₹2,031.30
Grindwell Norton Ltd Dividend 2024 : Should Grindwell Norton Ltd be a part of your dividend portfolio?
Grindwell Norton Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹23,231.27Cr. Its share price is ₹2,031.30 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Grindwell Norton Ltd gave ₹31.50 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 Grindwell Norton Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Grindwell Norton Ltd has declared dividend of ₹17 - translating a dividend yield of 1.55%.
Let's look at Grindwell Norton Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Grindwell Norton Ltd’s revenue were ₹717.28Cr in the quarter ending September 2024. The revenue grew by 3.94% year on year basis since last quarter.
- Grindwell Norton Ltd’s profits were ₹96.18Cr in the quarter ending September 2024. The profits fell by -5.6% year on year basis since last quarter.
- Grindwell Norton Ltd’s dividend was ₹17 in the quarter ending March 2024.
Grindwell Norton Ltd Dividend related ratios:
- Last dividend date: 06/05/2024
- Current Dividend Yield: 1.55%
- Annual dividend payment: ₹31.50
History of Grindwell Norton Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/07/2024 | CASH | ₹17 | 06/05/2024 | 10/07/2024 |
04/08/2023 | CASH | ₹14.50 | 06/05/2023 | 05/08/2023 |
19/07/2022 | CASH | ₹12 | 06/05/2022 | 20/07/2022 |
19/07/2021 | CASH | ₹9.50 | 07/05/2021 | 22/07/2021 |
16/07/2020 | CASH | ₹7.50 | 20/05/2020 | 18/07/2020 |
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