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POLYCAB

Polycab India Ltd

₹7,079.90

Polycab India Ltd Dividend 2024 : Should Polycab India Ltd be a part of your dividend portfolio?

Polycab India Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹1,06,372.50Cr. Its share price is ₹7,079.90 as on 15 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Polycab India Ltd gave ₹20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Technology stocks do not always pay a dividend but as Polycab India Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Polycab India Ltd has declared dividend of ₹20 - translating a dividend yield of 0.28%.

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

  • Polycab India Ltd’s revenue were ₹5,645.73Cr in the quarter ending March 2024. The revenue grew by 29.04% year on year basis since last quarter.
  • Polycab India Ltd’s profits were ₹546Cr in the quarter ending March 2024. The profits grew by 28.46% year on year basis since last quarter.
  • Polycab India Ltd’s dividend was ₹20 in the quarter ending March 2023.

Polycab India Ltd Dividend related ratios:

  • Last dividend date: 12/05/2023
  • Current Dividend Yield: 0.28%
  • Annual dividend payment: ₹20

Polycab India Ltd Dividend v/s Polycab India Ltd Share price

History of Polycab India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
21/06/2023
CASH
₹20
12/05/2023
22/06/2023
21/06/2022
CASH
₹14
10/05/2022
23/06/2022
12/07/2021
CASH
₹10
13/05/2021
14/07/2021
12/03/2020
CASH
₹7
03/03/2020
14/03/2020
18/06/2019
CASH
₹3
14/05/2019
20/06/2019

FAQs

Polycab India Ltd current market price is ₹7,079.90 per share

Polycab India Ltd has declared dividend worth ₹20 in the latest quarter.

Polycab India Ltd has declared dividend on 12/05/2023 of ₹20.

Polycab India Ltd has declared dividend 1 times of ₹20 in the previous financial year (FY2023-2024)