GRANULES
Granules India Ltd
₹336.80
Granules India Ltd Dividend 2023 : Should Granules India Ltd be a part of your dividend portfolio?
Granules India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹8,358.78Cr. Its share price is ₹336.80 as on 25 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Granules India Ltd gave ₹2.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Granules India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Granules India Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.67%.
Let's look at Granules India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Granules India Ltd’s revenue were ₹985.86Cr in the quarter ending June 2023. The revenuefell by -3.75% year on year basis since last quarter.
- Granules India Ltd’s profits were ₹47.90Cr in the quarter ending June 2023. The profits fell by -62.45% year on year basis since last quarter.
- Granules India Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Granules India Ltd Dividend related ratios:
- Last dividend date: 16/05/2023
- Current Dividend Yield: 0.67%
- Annual dividend payment: ₹2.25
History of Granules India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
03/08/2023 | CASH | ₹1.50 | 16/05/2023 | 03/08/2023 |
19/07/2022 | CASH | ₹0.75 | 18/05/2022 | 21/07/2022 |
17/02/2022 | CASH | ₹0.25 | 08/02/2022 | 18/02/2022 |
24/11/2021 | CASH | ₹0.25 | 12/11/2021 | 25/11/2021 |
05/08/2021 | CASH | ₹0.25 | 27/07/2021 | 06/08/2021 |
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