GRINDWELL

Grindwell Norton Ltd

₹1,529.45

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 ₹16,944.04Cr. Its share price is ₹1,529.45 as on 20 February,2025.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 2.06%.

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 ₹720.91Cr in the quarter ending December 2024. The revenue grew by 6.9% year on year basis since last quarter.
Grindwell Norton Ltd’s profits were ₹86.82Cr in the quarter ending December 2024. The profits fell by -5.79% 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: 2.06%
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