Elgi Equipments Ltd logo

ELGIEQUIP

Elgi Equipments Ltd

₹650.95

Elgi Equipments Ltd Dividend 2024 : Should Elgi Equipments Ltd be a part of your dividend portfolio?

Elgi Equipments Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹20,645.04Cr. Its share price is ₹650.95 as on 1 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Elgi Equipments Ltd gave ₹2 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 Elgi Equipments Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Elgi Equipments Ltd has declared dividend of ₹2 - translating a dividend yield of 0.31%.

Let's look at Elgi Equipments Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Elgi Equipments Ltd’s revenue were ₹834.70Cr in the quarter ending December 2023. The revenue grew by 5.61% year on year basis since last quarter.
  • Elgi Equipments Ltd’s profits were ₹83.88Cr in the quarter ending December 2023. The profits grew by 4.77% year on year basis since last quarter.
  • Elgi Equipments Ltd’s dividend was ₹2 in the quarter ending March 2023.

Elgi Equipments Ltd Dividend related ratios:

  • Last dividend date: 19/05/2023
  • Current Dividend Yield: 0.31%
  • Annual dividend payment: ₹2

Elgi Equipments Ltd Dividend v/s Elgi Equipments Ltd Share price

History of Elgi Equipments Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
28/07/2023
CASH
₹2
19/05/2023
28/07/2023
04/08/2022
CASH
₹1.15
13/05/2022
05/08/2022
23/07/2021
CASH
₹0.80
21/05/2021
26/07/2021
18/03/2020
CASH
₹1.65
06/03/2020
19/03/2020
25/07/2019
CASH
₹1.30
25/05/2019
27/07/2019
View More

FAQs

Elgi Equipments Ltd current market price is ₹650.95 per share

Elgi Equipments Ltd has declared dividend worth ₹2 in the last year.

Elgi Equipments Ltd has declared dividend worth ₹2 in the latest quarter.

Elgi Equipments Ltd has declared dividend on 19/05/2023 of ₹2.

Elgi Equipments Ltd has declared dividend 1 times of ₹2 in the previous financial year (FY2023-2024)