Hariom Pipe Industries Ltd Dividend 2024 : Should Hariom Pipe Industries Ltd be a part of your dividend portfolio?
Hariom Pipe Industries Ltd is one of the most popular Steel company in the world with a market capitalisation of ₹2,154.08Cr. Its share price is ₹731.15 as on 9 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Hariom Pipe Industries Ltd gave ₹0.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Steel stocks do not always pay a dividend but as Hariom Pipe Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Hariom Pipe Industries Ltd has declared dividend of ₹0.60 - translating a dividend yield of 0.08%.
Let's look at Hariom Pipe Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Hariom Pipe Industries Ltd’s revenue were ₹344.20Cr in the quarter ending June 2024. The revenue grew by 42.69% year on year basis since last quarter.
Hariom Pipe Industries Ltd’s profits were ₹17.51Cr in the quarter ending June 2024. The profits grew by 13.41% year on year basis since last quarter.
Hariom Pipe Industries Ltd’s dividend was ₹0.60 in the quarter ending March 2024.
Hariom Pipe Industries Ltd Dividend related ratios:
Last dividend date: 17/05/2024
Current Dividend Yield: 0.08%
Annual dividend payment: ₹0.60
History of Hariom Pipe Industries Ltd's Dividend payments