Usha Martin Ltd Dividend 2024 : Should Usha Martin Ltd be a part of your dividend portfolio?
Usha Martin Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹12,869.25Cr. Its share price is ₹430.15 as on 15 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Usha Martin Ltd gave ₹5.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Usha Martin Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Usha Martin Ltd has declared dividend of ₹2.75 - translating a dividend yield of 1.22%.
Let's look at Usha Martin Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Usha Martin Ltd’s revenue were ₹835.44Cr in the quarter ending June 2024. The revenue grew by 1.77% year on year basis since last quarter.
Usha Martin Ltd’s profits were ₹104.11Cr in the quarter ending June 2024. The profits grew by 3.36% year on year basis since last quarter.
Usha Martin Ltd’s dividend was ₹2.75 in the quarter ending March 2024.
Usha Martin Ltd Dividend related ratios:
Last dividend date: 26/04/2024
Current Dividend Yield: 1.22%
Annual dividend payment: ₹5.25
History of Usha Martin Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
06/08/2024
CASH
₹2.75
26/04/2024
06/08/2024
03/08/2023
CASH
₹2.50
27/04/2023
03/08/2023
20/07/2022
CASH
₹2
30/04/2022
21/07/2022
Usha Martin Ltd Dividend v/s Usha Martin Ltd Share price
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