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FORCEMOT

Force Motors Ltd

₹8,508.05

Force Motors Ltd Dividend 2024 : Should Force Motors Ltd be a part of your dividend portfolio?

Force Motors Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹11,193.25Cr. Its share price is ₹8,508.05 as on 25 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Force Motors Ltd gave ₹10 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 Force Motors Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Force Motors Ltd has declared dividend of ₹10 - translating a dividend yield of 0.12%.

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

  • Force Motors Ltd’s revenue were ₹2,029.29Cr in the quarter ending March 2024. The revenue grew by 16.86% year on year basis since last quarter.
  • Force Motors Ltd’s profits were ₹140.26Cr in the quarter ending March 2024. The profits fell by -4.32% year on year basis since last quarter.
  • Force Motors Ltd’s dividend was ₹10 in the quarter ending March 2023.

Force Motors Ltd Dividend related ratios:

  • Last dividend date: 29/05/2023
  • Current Dividend Yield: 0.12%
  • Annual dividend payment: ₹10

Force Motors Ltd Dividend v/s Force Motors Ltd Share price

History of Force Motors Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
21/09/2023
CASH
₹10
29/05/2023
22/09/2023
20/09/2022
CASH
₹10
27/05/2022
22/09/2022
20/09/2021
CASH
₹5
28/05/2021
22/09/2021
21/09/2020
CASH
₹10
27/06/2020
23/09/2020
12/09/2019
CASH
₹10
25/05/2019
14/09/2019
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FAQs

Force Motors Ltd current market price is ₹8,508.05 per share

Force Motors Ltd has declared dividend worth ₹10 in the last year.

Force Motors Ltd has declared dividend worth ₹10 in the latest quarter.

Force Motors Ltd has declared dividend on 29/05/2023 of ₹10.

Force Motors Ltd has declared dividend 1 times of ₹10 in the previous financial year (FY2023-2024)