VTL
Vardhman Textiles Ltd
₹454.10
Vardhman Textiles Ltd Dividend 2024 : Should Vardhman Textiles Ltd be a part of your dividend portfolio?
Vardhman Textiles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹13,127.09Cr. Its share price is ₹454.10 as on 17 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vardhman Textiles Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as Vardhman Textiles Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Vardhman Textiles Ltd has declared dividend of ₹4 - translating a dividend yield of 0.88%.
Let's look at Vardhman Textiles Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Vardhman Textiles Ltd’s revenue were ₹2,595.24Cr in the quarter ending September 2024. The revenue grew by 3.99% year on year basis since last quarter.
- Vardhman Textiles Ltd’s profits were ₹196.85Cr in the quarter ending September 2024. The profits grew by 46.57% year on year basis since last quarter.
- Vardhman Textiles Ltd’s dividend was ₹4 in the quarter ending March 2024.
Vardhman Textiles Ltd Dividend related ratios:
- Last dividend date: 09/05/2024
- Current Dividend Yield: 0.88%
- Annual dividend payment: ₹4
History of Vardhman Textiles Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
06/09/2024 | CASH | ₹4 | 09/05/2024 | 07/09/2024 |
15/09/2023 | CASH | ₹3.50 | 05/05/2023 | 16/09/2023 |
02/11/2021 | CASH | ₹34 | 27/10/2021 | 05/11/2021 |
16/09/2021 | CASH | ₹17.50 | 25/05/2021 | 18/09/2021 |
18/09/2019 | CASH | ₹17.50 | 09/05/2019 | 20/09/2019 |
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