Veljan Denison Ltd

₹1,222.40

Veljan Denison Ltd Dividend 2024 : Should Veljan Denison Ltd be a part of your dividend portfolio?

Veljan Denison Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹553.55Cr. Its share price is ₹1,222.40 as on 26 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Veljan Denison Ltd gave ₹30 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 Veljan Denison Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Veljan Denison Ltd has declared dividend of ₹17 - translating a dividend yield of 2.45%.

Let's look at Veljan Denison Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Veljan Denison Ltd’s revenue were ₹38Cr in the quarter ending September 2024. The revenue grew by 10.05% year on year basis since last quarter.
Veljan Denison Ltd’s profits were ₹6.05Cr in the quarter ending September 2024. The profits grew by 29% year on year basis since last quarter.
Veljan Denison Ltd’s dividend was ₹17 in the quarter ending March 2024.

Veljan Denison Ltd Dividend related ratios:

Last dividend date: 23/05/2024
Current Dividend Yield: 2.45%
Annual dividend payment: ₹30

History of Veljan Denison Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
20/09/2024	CASH	₹17	23/05/2024	21/09/2024
22/09/2023	CASH	₹13	30/05/2023	22/09/2023
22/09/2022	CASH	₹13	30/05/2022	24/09/2022
21/09/2021	CASH	₹10	30/06/2021	23/09/2021
24/02/2020	CASH	₹10	14/02/2020	25/02/2020