PARAGMILK

Parag Milk Foods Ltd

₹194.82

Parag Milk Foods Ltd Dividend 2024 : Should Parag Milk Foods Ltd be a part of your dividend portfolio?

Parag Milk Foods Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹2,314.10Cr. Its share price is ₹194.82 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Parag Milk Foods Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Consumer Defensive stocks do not always pay a dividend but as Parag Milk Foods Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Parag Milk Foods Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.26%.

Let's look at Parag Milk Foods Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Parag Milk Foods Ltd’s revenue were ₹878.43Cr in the quarter ending September 2024. The revenue grew by 9.29% year on year basis since last quarter.
Parag Milk Foods Ltd’s profits were ₹29.21Cr in the quarter ending September 2024. The profits grew by 15.96% year on year basis since last quarter.
Parag Milk Foods Ltd’s dividend was ₹0.50 in the quarter ending March 2024.

Parag Milk Foods Ltd Dividend related ratios:

Last dividend date: 18/05/2024
Current Dividend Yield: 0.26%
Annual dividend payment: ₹0.50

History of Parag Milk Foods Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
04/09/2024	CASH	₹0.50	18/05/2024	04/09/2024
07/09/2021	CASH	₹0.50	12/06/2021	09/09/2021
21/09/2020	CASH	₹0.50	29/06/2020	23/09/2020
20/09/2019	CASH	₹1	11/05/2019	24/09/2019
11/09/2018	CASH	₹0.75	10/05/2018	13/09/2018