HINDALCO
Hindalco Industries Ltd
₹644.40
Hindalco Industries Ltd Dividend 2024 : Should Hindalco Industries Ltd be a part of your dividend portfolio?
Hindalco Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,44,698.27Cr. Its share price is ₹644.40 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Hindalco Industries Ltd gave ₹7 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Hindalco Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Hindalco Industries Ltd has declared dividend of ₹3 - translating a dividend yield of 1.09%.
Let's look at Hindalco Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Hindalco Industries Ltd’s revenue were ₹53,089Cr in the quarter ending December 2023. The revenuefell by -0.8% year on year basis since last quarter.
- Hindalco Industries Ltd’s profits were ₹2,331Cr in the quarter ending December 2023. The profits grew by 71.15% year on year basis since last quarter.
- Hindalco Industries Ltd’s dividend was ₹3 in the quarter ending March 2023.
Hindalco Industries Ltd Dividend related ratios:
- Last dividend date: 24/05/2023
- Current Dividend Yield: 1.09%
- Annual dividend payment: ₹7
History of Hindalco Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/08/2023 | CASH | ₹3 | 24/05/2023 | 16/08/2023 |
11/08/2022 | CASH | ₹4 | 26/05/2022 | 16/08/2022 |
12/08/2021 | CASH | ₹3 | 21/05/2021 | 17/08/2021 |
03/09/2020 | CASH | ₹1 | 12/06/2020 | 05/09/2020 |
14/08/2019 | CASH | ₹1.20 | 15/05/2019 | 17/08/2019 |
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