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VARROC

Varroc Engineering Ltd

₹568.45

Varroc Engineering Ltd Dividend 2024 : Should Varroc Engineering Ltd be a part of your dividend portfolio?

Varroc Engineering Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹8,404.78Cr. Its share price is ₹568.45 as on 18 May,2024.

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 1.23%.

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: 1.23%
  • Annual dividend payment: ₹7

Varroc Engineering Ltd Dividend v/s Varroc Engineering Ltd Share price

History of Varroc Engineering Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
25/02/2020
CASH
₹3
13/02/2020
26/02/2020
08/08/2019
CASH
₹4
24/05/2019
09/08/2019

FAQs

Varroc Engineering Ltd current market price is ₹568.45 per share

Varroc Engineering Ltd has declared dividend worth ₹3 in the latest quarter.

Varroc Engineering Ltd has declared dividend on 13/02/2020 of ₹3.