Power & Instrumentation (Gujarat) Ltd Dividend 2024 : Should Power & Instrumentation (Gujarat) Ltd be a part of your dividend portfolio?
Power & Instrumentation (Gujarat) Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹237.26Cr. Its share price is ₹188.33 as on 7 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Power & Instrumentation (Gujarat) Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Power & Instrumentation (Gujarat) Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Power & Instrumentation (Gujarat) Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.11%.
Let's look at Power & Instrumentation (Gujarat) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Power & Instrumentation (Gujarat) Ltd’s revenue were ₹26Cr in the quarter ending June 2024. The revenue grew by 18.34% year on year basis since last quarter.
Power & Instrumentation (Gujarat) Ltd’s profits were ₹1.87Cr in the quarter ending June 2024. The profits grew by 87% year on year basis since last quarter.
Power & Instrumentation (Gujarat) Ltd’s dividend was ₹0.20 in the quarter ending March 2023.
Power & Instrumentation (Gujarat) Ltd Dividend related ratios:
Last dividend date: 29/05/2023
Current Dividend Yield: 0.11%
Annual dividend payment: ₹0.20
History of Power & Instrumentation (Gujarat) Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/09/2023
CASH
₹0.20
29/05/2023
23/09/2023
Power & Instrumentation (Gujarat) Ltd Dividend v/s Power & Instrumentation (Gujarat) Ltd Share price
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