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ORIENTELEC

Orient Electric Ltd

₹244.81

Orient Electric Ltd Dividend 2024 : Should Orient Electric Ltd be a part of your dividend portfolio?

Orient Electric Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹5,164.52Cr. Its share price is ₹244.81 as on 13 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Orient Electric Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as Orient Electric Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Orient Electric Ltd has declared dividend of ₹0.75 - translating a dividend yield of 0.61%.

Let's look at Orient Electric Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Orient Electric Ltd’s revenue were ₹792.70Cr in the quarter ending March 2024. The revenue grew by 19.34% year on year basis since last quarter.
  • Orient Electric Ltd’s profits were ₹12.80Cr in the quarter ending March 2024. The profits fell by -48.01% year on year basis since last quarter.
  • Orient Electric Ltd’s dividend was ₹0.75 in the quarter ending December 2023.

Orient Electric Ltd Dividend related ratios:

  • Last dividend date: 01/02/2024
  • Current Dividend Yield: 0.61%
  • Annual dividend payment: ₹1.50

Orient Electric Ltd Dividend v/s Orient Electric Ltd Share price

History of Orient Electric Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
13/02/2024
CASH
₹0.75
01/02/2024
13/02/2024
26/07/2023
CASH
₹0.75
12/05/2023
26/07/2023
09/02/2023
CASH
₹0.75
30/01/2023
09/02/2023
15/07/2022
CASH
₹1.25
10/05/2022
19/07/2022
01/02/2022
CASH
₹0.75
20/01/2022
02/02/2022
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FAQs

Orient Electric Ltd current market price is ₹244.81 per share

Orient Electric Ltd has declared dividend worth ₹0.75 in the last year.

Orient Electric Ltd has declared dividend worth ₹0.75 in the latest quarter.

Orient Electric Ltd has declared dividend on 01/02/2024 of ₹0.75.

Orient Electric Ltd has declared dividend 2 times of ₹1.50 in the previous financial year (FY2023-2024)