Power & Instrumentation (Gujarat) Ltd Dividend 2024 : Should Power & Instrumentation (Gujarat) Ltd be a part of your dividend portfolio?
Power & Instrumentation (Gujarat) Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹89.78Cr. Its share price is ₹72.95 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Power & Instrumentation (Gujarat) Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Power & Instrumentation (Gujarat) Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Power & Instrumentation (Gujarat) Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.27%.
Let's look at Power & Instrumentation (Gujarat) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Power & Instrumentation (Gujarat) Ltd’s revenue were ₹15.50Cr in the quarter ending December 2023. The revenue grew by 44.45% year on year basis since last quarter.
Power & Instrumentation (Gujarat) Ltd’s profits were ₹0.83Cr in the quarter ending December 2023. The profits grew by 25.76% year on year basis since last quarter.
Power & Instrumentation (Gujarat) Ltd’s dividend was ₹0.20 in the quarter ending March 2023.
Power & Instrumentation (Gujarat) Ltd Dividend related ratios:
Last dividend date: 29/05/2023
Current Dividend Yield: 0.27%
Annual dividend payment: ₹0.20
Power & Instrumentation (Gujarat) Ltd Dividend v/s Power & Instrumentation (Gujarat) Ltd Share price
History of Power & Instrumentation (Gujarat) Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/09/2023
CASH
₹0.20
29/05/2023
23/09/2023
Discover More Dividend Stocks in Real Estate Sector