526755
Velan Hotels Ltd
₹6.49
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 ₹20.23Cr. Its share price is ₹6.49 as on 24 July,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 23.11%.
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 ₹0.37Cr in the quarter ending March 2024. The profits grew by 97.56% 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: 23.11%
- 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 |
