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Vardhman Special Steels Ltd

₹312.35

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 ₹2,548.88Cr. Its share price is ₹312.35 as on 29 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 1.76%.

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: 1.76%
  • Annual dividend payment: ₹5.50

Vardhman Special Steels Ltd Dividend v/s Vardhman Special Steels Ltd Share price

History of Vardhman Special Steels Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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

FAQs

Vardhman Special Steels Ltd current market price is ₹312.35 per share

Vardhman Special Steels Ltd has declared dividend worth ₹2 in the latest quarter.

Vardhman Special Steels Ltd has declared dividend on 27/04/2023 of ₹2.

Vardhman Special Steels Ltd has declared dividend 1 times of ₹2 in the previous financial year (FY2023-2024)