CIE Automotive India Ltd Dividend 2023 : Should CIE Automotive India Ltd be a part of your dividend portfolio?
CIE Automotive India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹18,226.47Cr. Its share price is ₹475.85 as on 4 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, CIE Automotive India Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as CIE Automotive India Ltd pays dividends to reward its shareholders.
In the quarter ending December 2021, CIE Automotive India Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.53%.
Let's look at CIE Automotive India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
CIE Automotive India Ltd’s revenue were ₹2,427.97Cr in the quarter ending June 2023. The revenue grew by 8.81% year on year basis since last quarter.
CIE Automotive India Ltd’s profits were ₹301.68Cr in the quarter ending June 2023. The profits grew by 59.75% year on year basis since last quarter.
CIE Automotive India Ltd’s dividend was ₹2.50 in the quarter ending December 2021.
CIE Automotive India Ltd Dividend related ratios:
Last dividend date: 22/02/2022
Current Dividend Yield: 0.53%
Annual dividend payment: ₹2.50
CIE Automotive India Ltd Dividend v/s CIE Automotive India Ltd Share price
History of CIE Automotive India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
13/04/2022
CASH
₹2.50
22/02/2022
19/04/2022
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