VMS Industries Ltd Dividend 2024 : Should VMS Industries Ltd be a part of your dividend portfolio?
VMS Industries Ltd is one of the most popular Miscellaneous company in the world with a market capitalisation of ₹96.74Cr. Its share price is ₹40.60 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, VMS Industries Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Miscellaneous stocks do not always pay a dividend but as VMS Industries Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, VMS Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.23%.
Let's look at VMS Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
VMS Industries Ltd’s revenue were ₹60.27Cr in the quarter ending September 2019. The revenue grew by 27.8% year on year basis since last quarter.
VMS Industries Ltd’s profits were ₹0.62Cr in the quarter ending September 2019. The profits grew by 8.77% year on year basis since last quarter.
VMS Industries Ltd’s dividend was ₹0.50 in the quarter ending June 2024.