SPIC
Southern Petrochemicals Industries Corporation Ltd
₹75.05
Southern Petrochemicals Industries Corporation Ltd Dividend 2023 : Should Southern Petrochemicals Industries Corporation Ltd be a part of your dividend portfolio?
Southern Petrochemicals Industries Corporation Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,554.18Cr. Its share price is ₹75.05 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Southern Petrochemicals Industries Corporation Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Southern Petrochemicals Industries Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Southern Petrochemicals Industries Corporation Ltd has declared dividend of ₹1.50 - translating a dividend yield of 2%.
Let's look at Southern Petrochemicals Industries Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Southern Petrochemicals Industries Corporation Ltd’s revenue were ₹579.49Cr in the quarter ending June 2023. The revenuefell by -23.72% year on year basis since last quarter.
- Southern Petrochemicals Industries Corporation Ltd’s profits were ₹51.39Cr in the quarter ending June 2023. The profits fell by -28.44% year on year basis since last quarter.
- Southern Petrochemicals Industries Corporation Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Southern Petrochemicals Industries Corporation Ltd Dividend related ratios:
- Last dividend date: 24/05/2023
- Current Dividend Yield: 2%
- Annual dividend payment: ₹1.50
History of Southern Petrochemicals Industries Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2023 | CASH | ₹1.50 | 24/05/2023 | 20/09/2023 |
