MANYAVAR
Vedant Fashions Ltd
₹1,069.65
Vedant Fashions Ltd Dividend 2024 : Should Vedant Fashions Ltd be a part of your dividend portfolio?
Vedant Fashions Ltd is one of the most popular Retail company in the world with a market capitalisation of ₹26,207.52Cr. Its share price is ₹1,069.65 as on 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vedant Fashions Ltd gave ₹14 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Retail stocks do not always pay a dividend but as Vedant Fashions Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Vedant Fashions Ltd has declared dividend of ₹9 - translating a dividend yield of 1.31%.
Let's look at Vedant Fashions Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Vedant Fashions Ltd’s revenue were ₹387.27Cr in the quarter ending March 2024. The revenue grew by 9.07% year on year basis since last quarter.
- Vedant Fashions Ltd’s profits were ₹115.79Cr in the quarter ending March 2024. The profits grew by 6.36% year on year basis since last quarter.
- Vedant Fashions Ltd’s dividend was ₹9 in the quarter ending March 2023.
Vedant Fashions Ltd Dividend related ratios:
- Last dividend date: 28/04/2023
- Current Dividend Yield: 1.31%
- Annual dividend payment: ₹14
History of Vedant Fashions Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/08/2023 | CASH | ₹9 | 28/04/2023 | 17/08/2023 |
30/08/2022 | CASH | ₹5 | 09/05/2022 | 02/09/2022 |
