VARROC
Varroc Engineering Ltd
₹647.30
Varroc Engineering Ltd Dividend 2024 : Should Varroc Engineering Ltd be a part of your dividend portfolio?
The dividend is a percentage of earnings paid out to shareholders. Last year, Varroc Engineering Ltd gave ₹7 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 Varroc Engineering Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2019, Varroc Engineering Ltd has declared dividend of ₹3 - translating a dividend yield of 1.08%.
Let's look at Varroc Engineering Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Varroc Engineering Ltd’s revenue were ₹1,986.41Cr in the quarter ending March 2024. The revenue grew by 15.51% year on year basis since last quarter.
- Varroc Engineering Ltd’s profits were ₹56.86Cr in the quarter ending March 2024. The profits grew by 43.51% year on year basis since last quarter.
- Varroc Engineering Ltd’s dividend was ₹3 in the quarter ending December 2019.
Varroc Engineering Ltd Dividend related ratios:
- Last dividend date: 13/02/2020
- Current Dividend Yield: 1.08%
- Annual dividend payment: ₹7
History of Varroc Engineering Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
25/02/2020 | CASH | ₹3 | 13/02/2020 | 26/02/2020 |
08/08/2019 | CASH | ₹4 | 24/05/2019 | 09/08/2019 |
