Star Cement Ltd Dividend 2024 : Should Star Cement Ltd be a part of your dividend portfolio?
Star Cement Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹7,242.91Cr. Its share price is ₹172.98 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Star Cement Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Star Cement Ltd pays dividends to reward its shareholders.
In the quarter ending December 2019, Star Cement Ltd has declared dividend of ₹1 - translating a dividend yield of 0.58%.
Let's look at Star Cement Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Star Cement Ltd’s revenue were ₹643.18Cr in the quarter ending September 2024. The revenue grew by 8.82% year on year basis since last quarter.
Star Cement Ltd’s profits were ₹5.74Cr in the quarter ending September 2024. The profits fell by -85.89% year on year basis since last quarter.
Star Cement Ltd’s dividend was ₹1 in the quarter ending December 2019.
Star Cement Ltd Dividend related ratios:
Last dividend date: 06/02/2020
Current Dividend Yield: 0.58%
Annual dividend payment: ₹1
History of Star Cement Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
17/02/2020
CASH
₹1
06/02/2020
18/02/2020
23/07/2018
CASH
₹1
17/05/2018
25/07/2018
Star Cement Ltd Dividend v/s Star Cement Ltd Share price
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