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Shipping Corporation of India Ltd

₹243.85

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

Shipping Corporation of India Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹11,360.86Cr. Its share price is ₹243.85 as on 13 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Shipping Corporation of India Ltd gave ₹0.50 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 Shipping Corporation of India Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Shipping Corporation of India Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.21%.

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

  • Shipping Corporation of India Ltd’s revenue were ₹1,563.02Cr in the quarter ending June 2024. The revenue grew by 24.89% year on year basis since last quarter.
  • Shipping Corporation of India Ltd’s profits were ₹291.48Cr in the quarter ending June 2024. The profits grew by 69.85% year on year basis since last quarter.
  • Shipping Corporation of India Ltd’s dividend was ₹0.50 in the quarter ending March 2024.

Shipping Corporation of India Ltd Dividend related ratios:

  • Last dividend date: 17/05/2024
  • Current Dividend Yield: 0.21%
  • Annual dividend payment: ₹0.50

History of Shipping Corporation of India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
06/09/2024
CASH
₹0.50
17/05/2024
06/09/2024
01/09/2023
CASH
₹0.44
09/05/2023
02/09/2023
22/09/2022
CASH
₹0.33
06/05/2022
24/09/2022
17/08/2021
CASH
₹0.25
13/05/2021
19/08/2021
09/09/2020
CASH
₹0.75
29/05/2020
11/09/2020

Shipping Corporation of India Ltd Dividend v/s Shipping Corporation of India Ltd Share price

FAQs

Shipping Corporation of India Ltd current market price is ₹243.85 per share

Shipping Corporation of India Ltd has declared dividend worth ₹0.50 in the last year.

Shipping Corporation of India Ltd has declared dividend worth ₹0.50 in the latest quarter.

Shipping Corporation of India Ltd has declared dividend on 17/05/2024 of ₹0.50.

Shipping Corporation of India Ltd has declared dividend 1 times of ₹0.50 in the current financial year (FY2024-2025)

Shipping Corporation of India Ltd has declared dividend 1 times of ₹0.44 in the previous financial year (FY2023-2024)