Hariom Pipe Industries Ltd Dividend 2024 : Should Hariom Pipe Industries Ltd be a part of your dividend portfolio?
Hariom Pipe Industries Ltd is one of the most popular Steel company in the world with a market capitalisation of ₹1,635.23Cr. Its share price is ₹528.40 as on 22 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Hariom Pipe Industries Ltd gave ₹0.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Steel stocks do not always pay a dividend but as Hariom Pipe Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Hariom Pipe Industries Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.11%.
Let's look at Hariom Pipe Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Hariom Pipe Industries Ltd’s revenue were ₹315.23Cr in the quarter ending September 2024. The revenue grew by 4% year on year basis since last quarter.
Hariom Pipe Industries Ltd’s profits were ₹15.75Cr in the quarter ending September 2024. The profits grew by 6.56% year on year basis since last quarter.
Hariom Pipe Industries Ltd’s dividend was ₹0.60 in the quarter ending March 2024.
Hariom Pipe Industries Ltd Dividend related ratios:
Last dividend date: 17/05/2024
Current Dividend Yield: 0.11%
Annual dividend payment: ₹0.60
History of Hariom Pipe Industries Ltd's Dividend payments