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TIPSINDLTD

Tips Industries Ltd

₹461.50

Tips Industries Ltd Dividend 2024 : Should Tips Industries Ltd be a part of your dividend portfolio?

Tips Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹5,934.59Cr. Its share price is ₹461.50 as on 25 April,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Tips Industries Ltd gave ₹6.50 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 Tips Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Tips Industries Ltd has declared dividend of ₹3 - translating a dividend yield of 1.41%.

Let's look at Tips Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Tips Industries Ltd’s revenue were ₹9.31Cr in the quarter ending March 2004. The revenuefell by -20.29% year on year basis since last quarter.
  • Tips Industries Ltd’s profits were ₹0.83Cr in the quarter ending March 2004. The profits grew by 85.49% year on year basis since last quarter.
  • Tips Industries Ltd’s dividend was ₹3 in the quarter ending December 2023.

Tips Industries Ltd Dividend related ratios:

  • Last dividend date: 23/01/2024
  • Current Dividend Yield: 1.41%
  • Annual dividend payment: ₹6.50

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

History of Tips Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
01/02/2024
CASH
₹3
23/01/2024
01/02/2024
31/10/2023
CASH
₹2
18/10/2023
31/10/2023
04/08/2023
CASH
₹1
25/07/2023
04/08/2023
04/08/2023
CASH
₹0.50
13/05/2023
05/08/2023
19/08/2022
CASH
₹2
30/05/2022
23/08/2022
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FAQs

Tips Industries Ltd current market price is ₹461.50 per share

Tips Industries Ltd has declared dividend worth ₹6.50 in the last year.

Tips Industries Ltd has declared dividend worth ₹3 in the latest quarter.

Tips Industries Ltd has declared dividend on 23/01/2024 of ₹3.

Tips Industries Ltd has declared dividend 4 times of ₹6.50 in the previous financial year (FY2023-2024)