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SHRIPISTON

Shriram Pistons & Rings Ltd

₹2,054.95

Shriram Pistons & Rings Ltd Dividend 2024 : Should Shriram Pistons & Rings Ltd be a part of your dividend portfolio?

Shriram Pistons & Rings Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹9,023.61Cr. Its share price is ₹2,054.95 as on 26 April,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Shriram Pistons & Rings Ltd gave ₹20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as Shriram Pistons & Rings Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Shriram Pistons & Rings Ltd has declared dividend of ₹5 - translating a dividend yield of 0.97%.

Let's look at Shriram Pistons & Rings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Shriram Pistons & Rings Ltd’s revenue were ₹784.99Cr in the quarter ending December 2023. The revenue grew by 21.19% year on year basis since last quarter.
  • Shriram Pistons & Rings Ltd’s profits were ₹107.36Cr in the quarter ending December 2023. The profits grew by 43.41% year on year basis since last quarter.
  • Shriram Pistons & Rings Ltd’s dividend was ₹5 in the quarter ending December 2023.

Shriram Pistons & Rings Ltd Dividend related ratios:

  • Last dividend date: 30/01/2024
  • Current Dividend Yield: 0.97%
  • Annual dividend payment: ₹20

Shriram Pistons & Rings Ltd Dividend v/s Shriram Pistons & Rings Ltd Share price

History of Shriram Pistons & Rings Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
09/02/2024
CASH
₹5
30/01/2024
09/02/2024
23/06/2023
CASH
₹5
08/05/2023
23/06/2023
20/02/2023
CASH
₹10
08/02/2023
20/02/2023
21/06/2022
CASH
₹4
06/05/2022
22/06/2022
08/02/2022
CASH
₹6
28/01/2022
09/02/2022
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FAQs

Shriram Pistons & Rings Ltd current market price is ₹2,054.95 per share

Shriram Pistons & Rings Ltd has declared dividend worth ₹10 in the last year.

Shriram Pistons & Rings Ltd has declared dividend worth ₹5 in the latest quarter.

Shriram Pistons & Rings Ltd has declared dividend on 30/01/2024 of ₹5.

Shriram Pistons & Rings Ltd has declared dividend 2 times of ₹10 in the previous financial year (FY2023-2024)