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504959

Stovec Industries Ltd

₹2,605.60

Stovec Industries Ltd Dividend 2024 : 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 ₹543.50Cr. Its share price is ₹2,605.60 as on 1 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Stovec Industries Ltd gave ₹221 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 December 2023, Stovec Industries Ltd has declared dividend of ₹17 - translating a dividend yield of 8.48%.

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 ₹58.96Cr in the quarter ending December 2023. The revenuefell by -4.75% year on year basis since last quarter.
  • Stovec Industries Ltd’s profits were ₹4.01Cr in the quarter ending December 2023. The profits grew by 141.57% year on year basis since last quarter.
  • Stovec Industries Ltd’s dividend was ₹17 in the quarter ending December 2023.

Stovec Industries Ltd Dividend related ratios:

  • Last dividend date: 26/02/2024
  • Current Dividend Yield: 8.48%
  • Annual dividend payment: ₹221

Stovec Industries Ltd Dividend v/s Stovec Industries Ltd Share price

History of Stovec Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
18/04/2024
CASH
₹17
26/02/2024
19/04/2024
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
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FAQs

Stovec Industries Ltd current market price is ₹2,605.60 per share

Stovec Industries Ltd has declared dividend worth ₹174 in the last year.

Stovec Industries Ltd has declared dividend worth ₹17 in the latest quarter.

Stovec Industries Ltd has declared dividend on 26/02/2024 of ₹17.

Stovec Industries Ltd has declared dividend 2 times of ₹174 in the previous financial year (FY2023-2024)