Vardhman Polytex Ltd Dividend 2023 : Should Vardhman Polytex Ltd be a part of your dividend portfolio?
Vardhman Polytex Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹136.15Cr. Its share price is ₹61.05 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vardhman Polytex Ltd gave ₹2 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 Vardhman Polytex Ltd pays dividends to reward its shareholders.
In the quarter ending March 2008, Vardhman Polytex Ltd has declared dividend of ₹2 - translating a dividend yield of 3.28%.
Let's look at Vardhman Polytex Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vardhman Polytex Ltd’s revenue were ₹278.67Cr in the quarter ending March 2022. The revenue grew by 43.19% year on year basis since last quarter.
Vardhman Polytex Ltd’s profits were ₹-6.77Cr in the quarter ending March 2022. The profits fell by -468.91% year on year basis since last quarter.
Vardhman Polytex Ltd’s dividend was ₹2 in the quarter ending March 2008.
Vardhman Polytex Ltd Dividend related ratios:
Last dividend date: 16/06/2008
Current Dividend Yield: 3.28%
Annual dividend payment: ₹2
History of Vardhman Polytex Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
18/09/2008
CASH
₹2
16/06/2008
20/09/2008
30/08/2007
CASH
₹0.70
06/06/2007
01/09/2007
23/03/2007
CASH
₹3.50
16/03/2007
26/03/2007
04/08/2005
CASH
₹0
04/05/2006
06/08/2005
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