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526755

Velan Hotels Ltd

₹6.60

Velan Hotels Ltd Dividend 2024 : Should Velan Hotels Ltd be a part of your dividend portfolio?

Velan Hotels Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹21.09Cr. Its share price is ₹6.60 as on 25 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Velan Hotels Ltd gave ₹1.50 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 Velan Hotels Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2011, Velan Hotels Ltd has declared dividend of ₹0.75 - translating a dividend yield of 22.73%.

Let's look at Velan Hotels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Velan Hotels Ltd’s profits were ₹0.28Cr in the quarter ending December 2023. The profits grew by 44% year on year basis since last quarter.
  • Velan Hotels Ltd’s dividend was ₹0.75 in the quarter ending March 2011.

Velan Hotels Ltd Dividend related ratios:

  • Last dividend date: 28/06/2011
  • Current Dividend Yield: 22.73%
  • Annual dividend payment: ₹1.50

History of Velan Hotels Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
08/08/2011
CASH
₹0.75
28/06/2011
10/08/2011
30/08/2010
CASH
₹0.75
12/07/2010
01/09/2010
17/09/2009
CASH
₹0.50
25/08/2009
19/09/2009
21/08/2008
CASH
₹0.30
22/07/2008
23/08/2008

FAQs

Velan Hotels Ltd current market price is ₹6.60 per share

Velan Hotels Ltd has declared dividend worth ₹0.75 in the latest quarter.

Velan Hotels Ltd has declared dividend on 28/06/2011 of ₹0.75.