Vijay Textiles Ltd Dividend 2024 : Should Vijay Textiles Ltd be a part of your dividend portfolio?
Vijay Textiles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹22.33Cr. Its share price is ₹12.20 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vijay Textiles Ltd gave ₹1 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 Vijay Textiles Ltd pays dividends to reward its shareholders.
In the quarter ending March 2018, Vijay Textiles Ltd has declared dividend of ₹1 - translating a dividend yield of 8.20%.
Let's look at Vijay Textiles Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vijay Textiles Ltd’s revenue were ₹3.08Cr in the quarter ending March 2024. The revenuefell by -27.87% year on year basis since last quarter.
Vijay Textiles Ltd’s profits were ₹-19.18Cr in the quarter ending March 2024. The profits fell by -4362.22% year on year basis since last quarter.
Vijay Textiles Ltd’s dividend was ₹1 in the quarter ending March 2018.
Vijay Textiles Ltd Dividend related ratios:
Last dividend date: 29/05/2018
Current Dividend Yield: 8.20%
Annual dividend payment: ₹1
History of Vijay Textiles Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
19/09/2018
CASH
₹1
29/05/2018
22/09/2018
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