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GRASIM

Grasim Industries Ltd

₹2,436.65

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 ₹1,63,703.86Cr. Its share price is ₹2,436.65 as on 22 May,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 0.41%.

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: 0.41%
  • Annual dividend payment: ₹10

Grasim Industries Ltd Dividend v/s Grasim Industries Ltd Share price

History of Grasim Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Grasim Industries Ltd current market price is ₹2,436.65 per share

Grasim Industries Ltd has declared dividend worth ₹10 in the last year.

Grasim Industries Ltd has declared dividend worth ₹10 in the latest quarter.

Grasim Industries Ltd has declared dividend on 26/05/2023 of ₹10.

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