523638
IP Rings Ltd
₹197
IP Rings Ltd Dividend 2024 : Should IP Rings Ltd be a part of your dividend portfolio?
IP Rings Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹244.96Cr. Its share price is ₹197 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IP Rings Ltd gave ₹3 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 IP Rings Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, IP Rings Ltd has declared dividend of ₹1 - translating a dividend yield of 1.52%.
Let's look at IP Rings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- IP Rings Ltd’s revenue were ₹79.59Cr in the quarter ending September 2024. The revenue grew by 2% year on year basis since last quarter.
- IP Rings Ltd’s profits were ₹0.97Cr in the quarter ending September 2024. The profits grew by 53.37% year on year basis since last quarter.
- IP Rings Ltd’s dividend was ₹1 in the quarter ending March 2023.
IP Rings Ltd Dividend related ratios:
- Last dividend date: 26/05/2023
- Current Dividend Yield: 1.52%
- Annual dividend payment: ₹3
History of IP Rings Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
04/08/2023 | CASH | ₹1 | 26/05/2023 | 06/08/2023 |
29/07/2022 | CASH | ₹2 | 27/05/2022 | 02/08/2022 |
20/07/2021 | CASH | ₹1.50 | 21/06/2021 | 23/07/2021 |
16/07/2019 | CASH | ₹1 | 16/05/2019 | 18/07/2019 |
