DEEPINDS
Deep Industries Ltd
₹298.60
Deep Industries Ltd Dividend 2024 : Should Deep Industries Ltd be a part of your dividend portfolio?
Deep Industries Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹1,921.92Cr. Its share price is ₹298.60 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Deep Industries Ltd gave ₹4.29 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Utilities stocks do not always pay a dividend but as Deep Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Deep Industries Ltd has declared dividend of ₹2.44 - translating a dividend yield of 1.44%.
Let's look at Deep Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Deep Industries Ltd’s revenue were ₹131.45Cr in the quarter ending March 2024. The revenuefell by -14.25% year on year basis since last quarter.
- Deep Industries Ltd’s profits were ₹36.12Cr in the quarter ending March 2024. The profits fell by -50.01% year on year basis since last quarter.
- Deep Industries Ltd’s dividend was ₹2.44 in the quarter ending March 2024.
Deep Industries Ltd Dividend related ratios:
- Last dividend date: 15/05/2024
- Current Dividend Yield: 1.44%
- Annual dividend payment: ₹4.29
History of Deep Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/07/2024 | CASH | ₹2.44 | 15/05/2024 | 09/07/2024 |
18/09/2023 | CASH | ₹1.85 | 27/05/2023 | 18/09/2023 |
08/09/2022 | CASH | ₹1.85 | 07/05/2022 | 09/09/2022 |
10/11/2021 | CASH | ₹1.40 | 01/11/2021 | 11/11/2021 |
