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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

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
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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FAQs

Stovec Industries Ltd current market price is ₹2,424 per share

Stovec Industries Ltd has declared dividend worth ₹204 in the last year.

Stovec Industries Ltd has declared dividend worth ₹157 in the latest quarter.

Stovec Industries Ltd has declared dividend on 10/08/2023 of ₹157.

Stovec Industries Ltd has declared dividend 1 times of ₹157 in the current financial year (FY2023-2024)

Stovec Industries Ltd has declared dividend 1 times of ₹47 in the previous financial year (FY2022-2023)