Vascon Engineers Ltd Dividend 2024 : Should Vascon Engineers Ltd be a part of your dividend portfolio?
Vascon Engineers Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹1,679.58Cr. Its share price is ₹75.90 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vascon Engineers Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Vascon Engineers Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Vascon Engineers Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.33%.
Let's look at Vascon Engineers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vascon Engineers Ltd’s revenue were ₹282.06Cr in the quarter ending December 2023. The revenue grew by 10.13% year on year basis since last quarter.
Vascon Engineers Ltd’s profits were ₹18.56Cr in the quarter ending December 2023. The profits grew by 13.66% year on year basis since last quarter.
Vascon Engineers Ltd’s dividend was ₹0.25 in the quarter ending June 2023.