Power & Instrumentation (Gujarat) Ltd Dividend 2023 : 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 ₹52.48Cr. Its share price is ₹41.35 as on 22 September,2023.
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 0.48%.
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 ₹22.10Cr in the quarter ending June 2023. The revenue grew by 63.83% year on year basis since last quarter.
Power & Instrumentation (Gujarat) Ltd’s profits were ₹1Cr in the quarter ending June 2023. The profits grew by 69.49% 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: 0.48%
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
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