504959
Stovec Industries Ltd
₹2,424
Stovec Industries Ltd Dividend 2023 : Should Stovec Industries Ltd be a part of your dividend portfolio?
Stovec Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹506.08Cr. Its share price is ₹2,424 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Stovec Industries Ltd gave ₹204 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 Stovec Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2023, Stovec Industries Ltd has declared dividend of ₹157 - translating a dividend yield of 8.42%.
Let's look at Stovec Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Stovec Industries Ltd’s revenue were ₹58.72Cr in the quarter ending June 2023. The revenuefell by -20.21% year on year basis since last quarter.
- Stovec Industries Ltd’s profits were ₹2.02Cr in the quarter ending June 2023. The profits fell by -83.89% year on year basis since last quarter.
- Stovec Industries Ltd’s dividend was ₹157 in the quarter ending June 2023.
Stovec Industries Ltd Dividend related ratios:
- Last dividend date: 10/08/2023
- Current Dividend Yield: 8.42%
- Annual dividend payment: ₹204
History of Stovec Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/08/2023 | CASH | ₹157 | 10/08/2023 | 21/08/2023 |
02/05/2023 | CASH | ₹47 | 28/02/2023 | 03/05/2023 |
28/04/2022 | CASH | ₹57 | 25/02/2022 | 30/04/2022 |
03/05/2021 | CASH | ₹22 | 26/02/2021 | 05/05/2021 |
08/09/2020 | CASH | ₹60 | 25/02/2020 | 10/09/2020 |
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