DEEPINDS
Deep Industries Ltd
₹289.45
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 ₹1,859.52Cr. Its share price is ₹289.45 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Deep Industries Ltd gave ₹1.85 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 2023, Deep Industries Ltd has declared dividend of ₹1.85 - translating a dividend yield of 0.64%.
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 ₹113.83Cr in the quarter ending December 2023. The revenue grew by 13.81% year on year basis since last quarter.
- Deep Industries Ltd’s profits were ₹27.17Cr in the quarter ending December 2023. The profits grew by 10.4% year on year basis since last quarter.
- Deep Industries Ltd’s dividend was ₹1.85 in the quarter ending March 2023.
Deep Industries Ltd Dividend related ratios:
- Last dividend date: 27/05/2023
- Current Dividend Yield: 0.64%
- Annual dividend payment: ₹1.85
History of Deep Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 |
