ELECON
Elecon Engineering Company Ltd
₹1,142
Elecon Engineering Company Ltd Dividend 2024 : Should Elecon Engineering Company Ltd be a part of your dividend portfolio?
Elecon Engineering Company Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹12,897.39Cr. Its share price is ₹1,142 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Elecon Engineering Company Ltd gave ₹3 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 Elecon Engineering Company Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Elecon Engineering Company Ltd has declared dividend of ₹1 - translating a dividend yield of 0.26%.
Let's look at Elecon Engineering Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Elecon Engineering Company Ltd’s revenue were ₹580.13Cr in the quarter ending March 2024. The revenue grew by 33.68% year on year basis since last quarter.
- Elecon Engineering Company Ltd’s profits were ₹103.65Cr in the quarter ending March 2024. The profits grew by 52.56% year on year basis since last quarter.
- Elecon Engineering Company Ltd’s dividend was ₹1 in the quarter ending September 2023.
Elecon Engineering Company Ltd Dividend related ratios:
- Last dividend date: 20/10/2023
- Current Dividend Yield: 0.26%
- Annual dividend payment: ₹3
History of Elecon Engineering Company Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
31/10/2023 | CASH | ₹1 | 20/10/2023 | 31/10/2023 |
09/06/2023 | CASH | ₹2 | 25/04/2023 | 10/06/2023 |
09/06/2022 | CASH | ₹1 | 04/05/2022 | 10/06/2022 |
09/06/2022 | CASH | ₹0.40 | 04/05/2022 | 10/06/2022 |
22/07/2021 | CASH | ₹0.40 | 27/05/2021 | 23/07/2021 |
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