VSSL
Vardhman Special Steels Ltd
₹284.75
Vardhman Special Steels Ltd Dividend 2024 : Should Vardhman Special Steels Ltd be a part of your dividend portfolio?
Vardhman Special Steels Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹2,418.13Cr. Its share price is ₹284.75 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vardhman Special Steels Ltd gave ₹5.50 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 Vardhman Special Steels Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Vardhman Special Steels Ltd has declared dividend of ₹2 - translating a dividend yield of 1.93%.
Let's look at Vardhman Special Steels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Vardhman Special Steels Ltd’s revenue were ₹448.12Cr in the quarter ending March 2024. The revenue grew by 4.89% year on year basis since last quarter.
- Vardhman Special Steels Ltd’s profits were ₹32.79Cr in the quarter ending March 2024. The profits grew by 139.69% year on year basis since last quarter.
- Vardhman Special Steels Ltd’s dividend was ₹2 in the quarter ending March 2023.
Vardhman Special Steels Ltd Dividend related ratios:
- Last dividend date: 27/04/2023
- Current Dividend Yield: 1.93%
- Annual dividend payment: ₹5.50
History of Vardhman Special Steels Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
15/09/2023 | CASH | ₹2 | 27/04/2023 | 16/09/2023 |
16/09/2022 | CASH | ₹3.50 | 29/04/2022 | 20/09/2022 |
02/09/2021 | CASH | ₹1.50 | 13/05/2021 | 06/09/2021 |
