Servotech Power Systems Ltd Dividend 2024 : Should Servotech Power Systems Ltd be a part of your dividend portfolio?
Servotech Power Systems Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,850.09Cr. Its share price is ₹86.40 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Servotech Power Systems Ltd gave ₹0.40 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Servotech Power Systems Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Servotech Power Systems Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.46%.
Let's look at Servotech Power Systems Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Servotech Power Systems Ltd’s revenue were ₹52.21Cr in the quarter ending December 2023. The revenuefell by -39.54% year on year basis since last quarter.
Servotech Power Systems Ltd’s profits were ₹1.11Cr in the quarter ending December 2023. The profits fell by -71.24% year on year basis since last quarter.
Servotech Power Systems Ltd’s dividend was ₹0.20 in the quarter ending June 2023.
Servotech Power Systems Ltd Dividend related ratios:
Last dividend date: 28/08/2023
Current Dividend Yield: 0.46%
Annual dividend payment: ₹0.40
Servotech Power Systems Ltd Dividend v/s Servotech Power Systems Ltd Share price
History of Servotech Power Systems Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/09/2023
CASH
₹0.20
28/08/2023
23/09/2023
03/02/2023
CASH
₹0.20
22/01/2023
03/02/2023
25/11/2021
CASH
₹0.20
12/11/2021
26/11/2021
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