Varun Beverages Ltd logo

VBL

Varun Beverages Ltd

₹1,507.25

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 ₹1,96,801.19Cr. Its share price is ₹1,507.25 as on 18 May,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 0.23%.

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: 0.23%
  • Annual dividend payment: ₹3.50

Varun Beverages Ltd Dividend v/s Varun Beverages Ltd Share price

History of Varun Beverages Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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
View More

FAQs

Varun Beverages Ltd current market price is ₹1,507.25 per share

Varun Beverages Ltd has declared dividend worth ₹2.50 in the last year.

Varun Beverages Ltd has declared dividend worth ₹1.25 in the latest quarter.

Varun Beverages Ltd has declared dividend on 05/02/2024 of ₹1.25.

Varun Beverages Ltd has declared dividend 2 times of ₹2.50 in the previous financial year (FY2023-2024)