MANYAVAR
Vedant Fashions Ltd
₹1,415.80
Vedant Fashions Ltd Dividend 2024 : Should Vedant Fashions Ltd be a part of your dividend portfolio?
Vedant Fashions Ltd is one of the most popular Readymade Garments/ Apparells company in the world with a market capitalisation of ₹34,612.62Cr. Its share price is ₹1,415.80 as on 27 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vedant Fashions Ltd gave ₹8.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Readymade Garments/ Apparells stocks do not always pay a dividend but as Vedant Fashions Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Vedant Fashions Ltd has declared dividend of ₹8.50 - translating a dividend yield of 0.60%.
Let's look at Vedant Fashions Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Vedant Fashions Ltd’s revenue were ₹287.19Cr in the quarter ending September 2024. The revenue grew by 23.04% year on year basis since last quarter.
- Vedant Fashions Ltd’s profits were ₹66.90Cr in the quarter ending September 2024. The profits grew by 37.32% year on year basis since last quarter.
- Vedant Fashions Ltd’s dividend was ₹8.50 in the quarter ending March 2024.
Vedant Fashions Ltd Dividend related ratios:
- Last dividend date: 30/04/2024
- Current Dividend Yield: 0.60%
- Annual dividend payment: ₹8.50
History of Vedant Fashions Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/08/2024 | CASH | ₹8.50 | 30/04/2024 | 23/08/2024 |
17/08/2023 | CASH | ₹9 | 28/04/2023 | 17/08/2023 |
30/08/2022 | CASH | ₹5 | 09/05/2022 | 02/09/2022 |
