PARAGMILK
Parag Milk Foods Ltd
₹210
Parag Milk Foods Ltd Dividend 2024 : Should Parag Milk Foods Ltd be a part of your dividend portfolio?
Parag Milk Foods Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹2,506.30Cr. Its share price is ₹210 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Parag Milk Foods Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Defensive stocks do not always pay a dividend but as Parag Milk Foods Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2021, Parag Milk Foods Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.48%.
Let's look at Parag Milk Foods Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Parag Milk Foods Ltd’s revenue were ₹806.69Cr in the quarter ending December 2023. The revenue grew by 8.95% year on year basis since last quarter.
- Parag Milk Foods Ltd’s profits were ₹34.17Cr in the quarter ending December 2023. The profits grew by 269.01% year on year basis since last quarter.
- Parag Milk Foods Ltd’s dividend was ₹0.50 in the quarter ending March 2021.
Parag Milk Foods Ltd Dividend related ratios:
- Last dividend date: 12/06/2021
- Current Dividend Yield: 0.48%
- Annual dividend payment: ₹1
History of Parag Milk Foods Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
07/09/2021 | CASH | ₹0.50 | 12/06/2021 | 09/09/2021 |
21/09/2020 | CASH | ₹0.50 | 29/06/2020 | 23/09/2020 |
20/09/2019 | CASH | ₹1 | 11/05/2019 | 24/09/2019 |
11/09/2018 | CASH | ₹0.75 | 10/05/2018 | 13/09/2018 |
01/08/2017 | CASH | ₹0.50 | 29/05/2017 | 03/08/2017 |
