CIE Automotive India Ltd Dividend 2024 : Should CIE Automotive India Ltd be a part of your dividend portfolio?
CIE Automotive India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹18,886.56Cr. Its share price is ₹487.05 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, CIE Automotive India Ltd gave ₹5 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 CIE Automotive India Ltd pays dividends to reward its shareholders.
In the quarter ending December 2022, CIE Automotive India Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.03%.
Let's look at CIE Automotive India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
CIE Automotive India Ltd’s revenue were ₹2,266.90Cr in the quarter ending December 2023. The revenuefell by -1.84% year on year basis since last quarter.
CIE Automotive India Ltd’s profits were ₹168.94Cr in the quarter ending December 2023. The profits grew by 125.68% year on year basis since last quarter.
CIE Automotive India Ltd’s dividend was ₹2.50 in the quarter ending December 2022.
CIE Automotive India Ltd Dividend related ratios:
Last dividend date: 22/02/2023
Current Dividend Yield: 1.03%
Annual dividend payment: ₹5
CIE Automotive India Ltd Dividend v/s CIE Automotive India Ltd Share price
History of CIE Automotive India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
02/06/2023
CASH
₹2.50
22/02/2023
03/06/2023
13/04/2022
CASH
₹2.50
22/02/2022
19/04/2022
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