TNPETRO
Tamil Nadu Petro Products Ltd
₹86.10
Tamil Nadu Petro Products Ltd Dividend 2024 : Should Tamil Nadu Petro Products Ltd be a part of your dividend portfolio?
Tamil Nadu Petro Products Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹775.18Cr. Its share price is ₹86.10 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tamil Nadu Petro Products Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Defensive stocks do not always pay a dividend but as Tamil Nadu Petro Products Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Tamil Nadu Petro Products Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.74%.
Let's look at Tamil Nadu Petro Products Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Tamil Nadu Petro Products Ltd’s revenue were ₹354.21Cr in the quarter ending December 2023. The revenuefell by -31.25% year on year basis since last quarter.
- Tamil Nadu Petro Products Ltd’s profits were ₹4.54Cr in the quarter ending December 2023. The profits fell by -82.73% year on year basis since last quarter.
- Tamil Nadu Petro Products Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Tamil Nadu Petro Products Ltd Dividend related ratios:
- Last dividend date: 24/05/2023
- Current Dividend Yield: 1.74%
- Annual dividend payment: ₹1.50
History of Tamil Nadu Petro Products Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/09/2023 | CASH | ₹1.50 | 24/05/2023 | 19/09/2023 |
21/09/2022 | CASH | ₹3 | 23/05/2022 | 23/09/2022 |
02/09/2021 | CASH | ₹2.50 | 26/06/2021 | 06/09/2021 |
02/09/2020 | CASH | ₹1.50 | 15/06/2020 | 04/09/2020 |
30/07/2019 | CASH | ₹1 | 21/05/2019 | 01/08/2019 |
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