POLYCAB
Polycab India Ltd
₹5,666.55
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 ₹85,139.47Cr. Its share price is ₹5,666.55 as on 2 May,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 0.35%.
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 ₹4,411.46Cr in the quarter ending December 2023. The revenue grew by 17.49% year on year basis since last quarter.
- Polycab India Ltd’s profits were ₹412.85Cr in the quarter ending December 2023. The profits grew by 15.43% 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: 0.35%
- Annual dividend payment: ₹20
History of Polycab India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
