D P Wires Ltd Dividend 2023 : Should D P Wires Ltd be a part of your dividend portfolio?
D P Wires Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹871Cr. Its share price is ₹637.05 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, D P Wires Ltd gave ₹1 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 D P Wires Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, D P Wires Ltd has declared dividend of ₹1 - translating a dividend yield of 0.16%.
Let's look at D P Wires Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
D P Wires Ltd’s revenue were ₹267.39Cr in the quarter ending June 2023. The revenue grew by 33.05% year on year basis since last quarter.
D P Wires Ltd’s profits were ₹11.11Cr in the quarter ending June 2023. The profits grew by 45.99% year on year basis since last quarter.
D P Wires Ltd’s dividend was ₹1 in the quarter ending March 2022.
D P Wires Ltd Dividend related ratios:
Last dividend date: 23/05/2022
Current Dividend Yield: 0.16%
Annual dividend payment: ₹1
D P Wires Ltd Dividend v/s D P Wires Ltd Share price
History of D P Wires Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
21/09/2022
CASH
₹1
23/05/2022
22/09/2022
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