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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

Granules India Ltd Dividend v/s Granules India Ltd Share price

History of Granules India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Granules India Ltd current market price is ₹336.80 per share

Granules India Ltd has declared dividend worth ₹1.50 in the last year.

Granules India Ltd has declared dividend worth ₹1.50 in the latest quarter.

Granules India Ltd has declared dividend on 16/05/2023 of ₹1.50.

Granules India Ltd has declared dividend 1 times of ₹1.50 in the current financial year (FY2023-2024)

Granules India Ltd has declared dividend 1 times of ₹0.75 in the previous financial year (FY2022-2023)