Vardhman Textiles Ltd logo

VTL

Vardhman Textiles Ltd

₹463.90

Vardhman Textiles Ltd Dividend 2024 : Should Vardhman Textiles Ltd be a part of your dividend portfolio?

Vardhman Textiles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹13,365.66Cr. Its share price is ₹463.90 as on 20 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Vardhman Textiles Ltd gave ₹3.50 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 Textiles Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Vardhman Textiles Ltd has declared dividend of ₹3.50 - translating a dividend yield of 0.75%.

Let's look at Vardhman Textiles Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Vardhman Textiles Ltd’s revenue were ₹2,540.60Cr in the quarter ending March 2024. The revenuefell by -1.11% year on year basis since last quarter.
  • Vardhman Textiles Ltd’s profits were ₹200.59Cr in the quarter ending March 2024. The profits grew by 26.36% year on year basis since last quarter.
  • Vardhman Textiles Ltd’s dividend was ₹3.50 in the quarter ending March 2023.

Vardhman Textiles Ltd Dividend related ratios:

  • Last dividend date: 05/05/2023
  • Current Dividend Yield: 0.75%
  • Annual dividend payment: ₹3.50

Vardhman Textiles Ltd Dividend v/s Vardhman Textiles Ltd Share price

History of Vardhman Textiles Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
15/09/2023
CASH
₹3.50
05/05/2023
16/09/2023
02/11/2021
CASH
₹34
27/10/2021
05/11/2021
16/09/2021
CASH
₹17.50
25/05/2021
18/09/2021
18/09/2019
CASH
₹17.50
09/05/2019
20/09/2019
12/09/2018
CASH
₹15
14/05/2018
17/09/2018
View More

FAQs

Vardhman Textiles Ltd current market price is ₹463.90 per share

Vardhman Textiles Ltd has declared dividend worth ₹3.50 in the latest quarter.

Vardhman Textiles Ltd has declared dividend on 05/05/2023 of ₹3.50.

Vardhman Textiles Ltd has declared dividend 1 times of ₹3.50 in the previous financial year (FY2023-2024)