ATAM
Atam Valves Ltd
₹193.70
Atam Valves Ltd Dividend 2024 : Should Atam Valves Ltd be a part of your dividend portfolio?
Atam Valves Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹223.01Cr. Its share price is ₹193.70 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Atam Valves Ltd gave ₹3.50 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 Atam Valves Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Atam Valves Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.81%.
Let's look at Atam Valves Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Atam Valves Ltd’s revenue were ₹17.27Cr in the quarter ending March 2024. The revenuefell by -12.91% year on year basis since last quarter.
- Atam Valves Ltd’s profits were ₹2.68Cr in the quarter ending March 2024. The profits fell by -18.79% year on year basis since last quarter.
- Atam Valves Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Atam Valves Ltd Dividend related ratios:
- Last dividend date: 11/05/2023
- Current Dividend Yield: 1.81%
- Annual dividend payment: ₹3.50
History of Atam Valves Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/09/2023 | CASH | ₹1.50 | 11/05/2023 | 23/09/2023 |
23/09/2022 | CASH | ₹2 | 30/05/2022 | 23/09/2022 |
22/09/2021 | CASH | ₹1 | 04/09/2021 | 23/09/2021 |
