539522
Grovy India Ltd
₹83.85
Grovy India Ltd Dividend 2023 : Should Grovy India Ltd be a part of your dividend portfolio?
Grovy India Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹27.96Cr. Its share price is ₹83.85 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Grovy India Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate stocks do not always pay a dividend but as Grovy India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Grovy India Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.24%.
Let's look at Grovy India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Grovy India Ltd’s revenue were ₹4.55Cr in the quarter ending June 2023. The revenue grew by 5.32% year on year basis since last quarter.
- Grovy India Ltd’s profits were ₹0.17Cr in the quarter ending June 2023. The profits grew by 30.77% year on year basis since last quarter.
- Grovy India Ltd’s dividend was ₹0.10 in the quarter ending March 2023.
Grovy India Ltd Dividend related ratios:
- Last dividend date: 29/05/2023
- Current Dividend Yield: 0.24%
- Annual dividend payment: ₹0.20
History of Grovy India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/09/2023 | CASH | ₹0.10 | 29/05/2023 | 23/09/2023 |
02/09/2022 | CASH | ₹0.10 | 30/05/2022 | 03/09/2022 |
09/09/2021 | CASH | ₹0.10 | 03/06/2021 | 14/09/2021 |
20/09/2019 | CASH | ₹0.10 | 09/05/2019 | 24/09/2019 |
19/09/2018 | CASH | ₹1 | 01/09/2018 | 22/09/2018 |
