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TIPSMUSIC

Tips Music Ltd

₹718.70

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

Tips Music Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹9,193.01Cr. Its share price is ₹718.70 as on 5 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Tips Music Ltd gave ₹8 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 Music Ltd pays dividends to reward its shareholders.
  • In the quarter ending June 2024, Tips Music Ltd has declared dividend of ₹2 - translating a dividend yield of 1.11%.

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

  • Tips Music 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 Music 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 Music Ltd’s dividend was ₹2 in the quarter ending June 2024.

Tips Music Ltd Dividend related ratios:

  • Last dividend date: 24/07/2024
  • Current Dividend Yield: 1.11%
  • Annual dividend payment: ₹8

History of Tips Music Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
01/08/2024
CASH
₹2
24/07/2024
01/08/2024
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
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Tips Music Ltd Dividend v/s Tips Music Ltd Share price

FAQs

Tips Music Ltd current market price is ₹718.70 per share

Tips Music Ltd has declared dividend worth ₹7 in the last year.

Tips Music Ltd has declared dividend worth ₹2 in the latest quarter.

Tips Music Ltd has declared dividend on 24/07/2024 of ₹2.

Tips Music Ltd has declared dividend 1 times of ₹2 in the current financial year (FY2024-2025)

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