Balu Forge Industries Ltd logo

BALUFORGE

Balu Forge Industries Ltd

₹313.40

Balu Forge Industries Ltd Dividend 2024 : Should Balu Forge Industries Ltd be a part of your dividend portfolio?

Balu Forge Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹3,213.69Cr. Its share price is ₹313.40 as on 20 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Balu Forge Industries Ltd gave ₹0.10 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 Balu Forge Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending September 2021, Balu Forge Industries Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.03%.

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

  • Balu Forge Industries Ltd’s revenue were ₹165.55Cr in the quarter ending March 2024. The revenue grew by 33.15% year on year basis since last quarter.
  • Balu Forge Industries Ltd’s profits were ₹28.28Cr in the quarter ending March 2024. The profits grew by 85.56% year on year basis since last quarter.
  • Balu Forge Industries Ltd’s dividend was ₹0.10 in the quarter ending September 2021.

Balu Forge Industries Ltd Dividend related ratios:

  • Last dividend date: 02/11/2021
  • Current Dividend Yield: 0.03%
  • Annual dividend payment: ₹0.10

Balu Forge Industries Ltd Dividend v/s Balu Forge Industries Ltd Share price

History of Balu Forge Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
17/11/2021
CASH
₹0.10
02/11/2021
18/11/2021

FAQs

Balu Forge Industries Ltd current market price is ₹313.40 per share

Balu Forge Industries Ltd has declared dividend worth ₹0.10 in the latest quarter.

Balu Forge Industries Ltd has declared dividend on 02/11/2021 of ₹0.10.