DDev Plastiks Industries Ltd Dividend 2024 : Should DDev Plastiks Industries Ltd be a part of your dividend portfolio?
DDev Plastiks Industries Ltd is one of the most popular Chemicals company in the world with a market capitalisation of ₹3,130.17Cr. Its share price is ₹294.60 as on 9 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, DDev Plastiks Industries Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Chemicals stocks do not always pay a dividend but as DDev Plastiks Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, DDev Plastiks Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.51%.
Let's look at DDev Plastiks Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
DDev Plastiks Industries Ltd’s revenue were ₹585Cr in the quarter ending September 2024. The revenuefell by -9.7% year on year basis since last quarter.
DDev Plastiks Industries Ltd’s profits were ₹44.72Cr in the quarter ending September 2024. The profits grew by 5.8% year on year basis since last quarter.
DDev Plastiks Industries Ltd’s dividend was ₹1 in the quarter ending March 2024.
DDev Plastiks Industries Ltd Dividend related ratios:
Last dividend date: 20/05/2024
Current Dividend Yield: 0.51%
Annual dividend payment: ₹1.50
History of DDev Plastiks Industries Ltd's Dividend payments