514030
Deepak Spinners Ltd
₹241.70
Deepak Spinners Ltd Dividend 2023 : Should Deepak Spinners Ltd be a part of your dividend portfolio?
Deepak Spinners Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹174.81Cr. Its share price is ₹241.70 as on 3 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Deepak Spinners Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as Deepak Spinners Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Deepak Spinners Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.03%.
Let's look at Deepak Spinners Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Deepak Spinners Ltd’s dividend was ₹2.50 in the quarter ending March 2023.
Deepak Spinners Ltd Dividend related ratios:
- Last dividend date: 24/05/2023
- Current Dividend Yield: 1.03%
- Annual dividend payment: ₹2.50
History of Deepak Spinners Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
05/07/2023 | CASH | ₹2.50 | 24/05/2023 | 06/07/2023 |
22/06/2022 | CASH | ₹2.50 | 10/05/2022 | 24/06/2022 |
15/09/2021 | CASH | ₹2 | 24/06/2021 | 17/09/2021 |
17/03/2020 | CASH | ₹1.50 | 05/03/2020 | 18/03/2020 |
04/09/2019 | CASH | ₹1.50 | 16/05/2019 | 06/09/2019 |
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