GRASIM
Grasim Industries Ltd
₹2,367.45
Grasim Industries Ltd Dividend 2024 : Should Grasim Industries Ltd be a part of your dividend portfolio?
Grasim Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,56,431.43Cr. Its share price is ₹2,367.45 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Grasim Industries 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 Grasim Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Grasim Industries Ltd has declared dividend of ₹10 - translating a dividend yield of 0.42%.
Let's look at Grasim Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Grasim Industries Ltd’s revenue were ₹32,221.97Cr in the quarter ending December 2023. The revenue grew by 1.94% year on year basis since last quarter.
- Grasim Industries Ltd’s profits were ₹1,514.44Cr in the quarter ending December 2023. The profits fell by -39.8% year on year basis since last quarter.
- Grasim Industries Ltd’s dividend was ₹10 in the quarter ending March 2023.
Grasim Industries Ltd Dividend related ratios:
- Last dividend date: 26/05/2023
- Current Dividend Yield: 0.42%
- Annual dividend payment: ₹10
History of Grasim Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
11/08/2023 | CASH | ₹10 | 26/05/2023 | 12/08/2023 |
11/08/2022 | CASH | ₹5 | 24/05/2022 | 13/08/2022 |
11/08/2022 | CASH | ₹5 | 24/05/2022 | 13/08/2022 |
12/08/2021 | CASH | ₹5 | 25/05/2021 | 14/08/2021 |
12/08/2021 | CASH | ₹4 | 25/05/2021 | 14/08/2021 |
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