SCI
Shipping Corporation of India Ltd
₹211.57
Shipping Corporation of India Ltd Dividend 2024 : Should Shipping Corporation of India Ltd be a part of your dividend portfolio?
Shipping Corporation of India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹9,863.32Cr. Its share price is ₹211.57 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Shipping Corporation of India Ltd gave ₹0.50 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 Shipping Corporation of India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Shipping Corporation of India Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.24%.
Let's look at Shipping Corporation of India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Shipping Corporation of India Ltd’s revenue were ₹1,493.53Cr in the quarter ending September 2024. The revenue grew by 25.8% year on year basis since last quarter.
- Shipping Corporation of India Ltd’s profits were ₹291.44Cr in the quarter ending September 2024. The profits grew by 343.39% year on year basis since last quarter.
- Shipping Corporation of India Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
Shipping Corporation of India Ltd Dividend related ratios:
- Last dividend date: 17/05/2024
- Current Dividend Yield: 0.24%
- Annual dividend payment: ₹0.50
History of Shipping Corporation of India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
06/09/2024 | CASH | ₹0.50 | 17/05/2024 | 06/09/2024 |
01/09/2023 | CASH | ₹0.44 | 09/05/2023 | 02/09/2023 |
22/09/2022 | CASH | ₹0.33 | 06/05/2022 | 24/09/2022 |
17/08/2021 | CASH | ₹0.25 | 13/05/2021 | 19/08/2021 |
09/09/2020 | CASH | ₹0.75 | 29/05/2020 | 11/09/2020 |
