VBL
Varun Beverages Ltd
₹1,652.10
Varun Beverages Ltd Dividend 2024 : Should Varun Beverages Ltd be a part of your dividend portfolio?
Varun Beverages Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹2,09,568.54Cr. Its share price is ₹1,652.10 as on 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Varun Beverages Ltd gave ₹3.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Defensive stocks do not always pay a dividend but as Varun Beverages Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Varun Beverages Ltd has declared dividend of ₹1.25 - translating a dividend yield of 0.21%.
Let's look at Varun Beverages Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Varun Beverages Ltd’s revenue were ₹4,325.67Cr in the quarter ending March 2024. The revenue grew by 10.83% year on year basis since last quarter.
- Varun Beverages Ltd’s profits were ₹537.27Cr in the quarter ending March 2024. The profits grew by 25.22% year on year basis since last quarter.
- Varun Beverages Ltd’s dividend was ₹1.25 in the quarter ending December 2023.
Varun Beverages Ltd Dividend related ratios:
- Last dividend date: 05/02/2024
- Current Dividend Yield: 0.21%
- Annual dividend payment: ₹3.50
History of Varun Beverages Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
04/04/2024 | CASH | ₹1.25 | 05/02/2024 | 04/04/2024 |
14/08/2023 | CASH | ₹1.25 | 03/08/2023 | 16/08/2023 |
12/04/2023 | CASH | ₹1 | 06/02/2023 | 12/04/2023 |
11/08/2022 | CASH | ₹2.50 | 01/08/2022 | 12/08/2022 |
11/08/2021 | CASH | ₹2.50 | 02/08/2021 | 12/08/2021 |
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