United Spirits Ltd Dividend 2024 : Should United Spirits Ltd be a part of your dividend portfolio?
United Spirits Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹1,05,102.20Cr. Its share price is ₹1,449.10 as on 31 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, United Spirits Ltd gave ₹9 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 United Spirits Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, United Spirits Ltd has declared dividend of ₹5 - translating a dividend yield of 0.62%.
Let's look at United Spirits Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
United Spirits Ltd’s revenue were ₹2,898Cr in the quarter ending September 2024. The revenuefell by -1.43% year on year basis since last quarter.
United Spirits Ltd’s profits were ₹341Cr in the quarter ending September 2024. The profits grew by 0.59% year on year basis since last quarter.
United Spirits Ltd’s dividend was ₹5 in the quarter ending March 2024.
United Spirits Ltd Dividend related ratios:
Last dividend date: 24/05/2024
Current Dividend Yield: 0.62%
Annual dividend payment: ₹9
History of United Spirits Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
12/07/2024
CASH
₹5
24/05/2024
12/07/2024
17/11/2023
CASH
₹4
08/11/2023
17/11/2023
United Spirits Ltd Dividend v/s United Spirits Ltd Share price
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