GRINDWELL
Grindwell Norton Ltd
₹2,097.15
Grindwell Norton Ltd Dividend 2024 : Should Grindwell Norton Ltd be a part of your dividend portfolio?
Grindwell Norton Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹23,291.06Cr. Its share price is ₹2,097.15 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Grindwell Norton Ltd gave ₹26.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Grindwell Norton Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Grindwell Norton Ltd has declared dividend of ₹14.50 - translating a dividend yield of 1.26%.
Let's look at Grindwell Norton Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Grindwell Norton Ltd’s revenue were ₹674.40Cr in the quarter ending December 2023. The revenue grew by 10.03% year on year basis since last quarter.
- Grindwell Norton Ltd’s profits were ₹92.16Cr in the quarter ending December 2023. The profits grew by 14.93% year on year basis since last quarter.
- Grindwell Norton Ltd’s dividend was ₹14.50 in the quarter ending March 2023.
Grindwell Norton Ltd Dividend related ratios:
- Last dividend date: 06/05/2023
- Current Dividend Yield: 1.26%
- Annual dividend payment: ₹26.50
History of Grindwell Norton Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
04/08/2023 | CASH | ₹14.50 | 06/05/2023 | 05/08/2023 |
19/07/2022 | CASH | ₹12 | 06/05/2022 | 20/07/2022 |
19/07/2021 | CASH | ₹9.50 | 07/05/2021 | 22/07/2021 |
16/07/2020 | CASH | ₹7.50 | 20/05/2020 | 18/07/2020 |
17/07/2019 | CASH | ₹6 | 29/05/2019 | 19/07/2019 |
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