Jaiprakash Power Ventures Ltd Dividend 2024 : Should Jaiprakash Power Ventures Ltd be a part of your dividend portfolio?
Jaiprakash Power Ventures Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹12,432.17Cr. Its share price is ₹19 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jaiprakash Power Ventures Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Jaiprakash Power Ventures Ltd pays dividends to reward its shareholders.
In the quarter ending March 2009, Jaiprakash Power Ventures Ltd has declared dividend of ₹0.75 - translating a dividend yield of 7.89%.
Let's look at Jaiprakash Power Ventures Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jaiprakash Power Ventures Ltd’s revenue were ₹1,863.63Cr in the quarter ending March 2024. The revenue grew by 34.52% year on year basis since last quarter.
Jaiprakash Power Ventures Ltd’s profits were ₹588.79Cr in the quarter ending March 2024. The profits grew by 1438.46% year on year basis since last quarter.
Jaiprakash Power Ventures Ltd’s dividend was ₹0.75 in the quarter ending March 2009.
Jaiprakash Power Ventures Ltd Dividend related ratios:
Last dividend date: 07/05/2009
Current Dividend Yield: 7.89%
Annual dividend payment: ₹1.50
History of Jaiprakash Power Ventures Ltd's Dividend payments