V-Mart Retail Ltd Dividend 2024 : Should V-Mart Retail Ltd be a part of your dividend portfolio?
V-Mart Retail Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹6,929.68Cr. Its share price is ₹3,625.35 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, V-Mart Retail Ltd gave ₹0.75 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 V-Mart Retail Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2022, V-Mart Retail Ltd has declared dividend of ₹0.75 - translating a dividend yield of 0.02%.
Let's look at V-Mart Retail Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- V-Mart Retail Ltd’s revenue were ₹662.74Cr in the quarter ending September 2024. The revenue grew by 20.19% year on year basis since last quarter.
- V-Mart Retail Ltd’s profits were ₹-56.51Cr in the quarter ending September 2024. The profits grew by 11.87% year on year basis since last quarter.
- V-Mart Retail Ltd’s dividend was ₹0.75 in the quarter ending March 2022.
V-Mart Retail Ltd Dividend related ratios:
- Last dividend date: 25/05/2022
- Current Dividend Yield: 0.02%
- Annual dividend payment: ₹0.75