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 ₹21.03Cr. Its share price is ₹6.58 as on 4 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 22.80%.
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: 22.80%
Annual dividend payment: ₹1.50
History of Velan Hotels Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD 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
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