Vardhman Special Steels Ltd Dividend 2024 : Should Vardhman Special Steels Ltd be a part of your dividend portfolio?
Vardhman Special Steels Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹2,116.43Cr. Its share price is ₹259.55 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vardhman Special Steels Ltd gave ₹2 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 Vardhman Special Steels Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Vardhman Special Steels Ltd has declared dividend of ₹2 - translating a dividend yield of 0.77%.
Let's look at Vardhman Special Steels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vardhman Special Steels Ltd’s revenue were ₹504.11Cr in the quarter ending September 2024. The revenue grew by 19.8% year on year basis since last quarter.
Vardhman Special Steels Ltd’s profits were ₹25.82Cr in the quarter ending September 2024. The profits grew by 39.87% year on year basis since last quarter.
Vardhman Special Steels Ltd’s dividend was ₹2 in the quarter ending March 2024.
Vardhman Special Steels Ltd Dividend related ratios:
Last dividend date: 01/05/2024
Current Dividend Yield: 0.77%
Annual dividend payment: ₹2
History of Vardhman Special Steels Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
06/09/2024
CASH
₹2
01/05/2024
07/09/2024
15/09/2023
CASH
₹2
27/04/2023
16/09/2023
16/09/2022
CASH
₹3.50
29/04/2022
20/09/2022
02/09/2021
CASH
₹1.50
13/05/2021
06/09/2021
Vardhman Special Steels Ltd Dividend v/s Vardhman Special Steels Ltd Share price
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