FINCABLES
Finolex Cables Ltd
₹1,561
Finolex Cables Ltd Dividend 2024 : Should Finolex Cables Ltd be a part of your dividend portfolio?
Finolex Cables Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹23,399.72Cr. Its share price is ₹1,561 as on 27 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Finolex Cables Ltd gave ₹13 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Technology stocks do not always pay a dividend but as Finolex Cables Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Finolex Cables Ltd has declared dividend of ₹7 - translating a dividend yield of 0.83%.
Let's look at Finolex Cables Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Finolex Cables Ltd’s revenue were ₹1,501.20Cr in the quarter ending March 2024. The revenue grew by 13.52% year on year basis since last quarter.
- Finolex Cables Ltd’s profits were ₹186.10Cr in the quarter ending March 2024. The profits grew by 6.34% year on year basis since last quarter.
- Finolex Cables Ltd’s dividend was ₹7 in the quarter ending March 2023.
Finolex Cables Ltd Dividend related ratios:
- Last dividend date: 26/05/2023
- Current Dividend Yield: 0.83%
- Annual dividend payment: ₹13
History of Finolex Cables Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/09/2023 | CASH | ₹7 | 26/05/2023 | 22/09/2023 |
15/09/2022 | CASH | ₹6 | 28/05/2022 | 17/09/2022 |
16/09/2021 | CASH | ₹5.50 | 29/06/2021 | 18/09/2021 |
17/09/2020 | CASH | ₹5.50 | 27/06/2020 | 19/09/2020 |
05/09/2019 | CASH | ₹4.50 | 29/05/2019 | 07/09/2019 |
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