VTL
Vardhman Textiles Ltd
₹460.45
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 ₹13,276.02Cr. Its share price is ₹460.45 as on 26 April,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 0.76%.
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 ₹2,415.59Cr in the quarter ending December 2023. The revenuefell by -1.29% year on year basis since last quarter.
- Vardhman Textiles Ltd’s profits were ₹160.23Cr in the quarter ending December 2023. The profits grew by 56.47% 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: 0.76%
- Annual dividend payment: ₹3.50
History of Vardhman Textiles Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
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