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VENUSPIPES

Venus Pipes & Tubes Ltd

₹2,130.60

Venus Pipes & Tubes Ltd Dividend 2024 : Should Venus Pipes & Tubes Ltd be a part of your dividend portfolio?

Venus Pipes & Tubes Ltd is one of the most popular Steel company in the world with a market capitalisation of ₹4,236.66Cr. Its share price is ₹2,130.60 as on 4 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Venus Pipes & Tubes Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Steel stocks do not always pay a dividend but as Venus Pipes & Tubes Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Venus Pipes & Tubes Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.07%.

Let's look at Venus Pipes & Tubes Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Venus Pipes & Tubes Ltd’s revenue were ₹241.16Cr in the quarter ending June 2024. The revenue grew by 33.85% year on year basis since last quarter.
  • Venus Pipes & Tubes Ltd’s profits were ₹27.56Cr in the quarter ending June 2024. The profits grew by 58.3% year on year basis since last quarter.
  • Venus Pipes & Tubes Ltd’s dividend was ₹0.50 in the quarter ending March 2024.

Venus Pipes & Tubes Ltd Dividend related ratios:

  • Last dividend date: 09/05/2024
  • Current Dividend Yield: 0.07%
  • Annual dividend payment: ₹1.50

History of Venus Pipes & Tubes Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
17/09/2024
CASH
₹0.50
09/05/2024
18/09/2024
07/11/2023
CASH
₹0.50
26/10/2023
07/11/2023
18/09/2023
CASH
₹0.50
24/05/2023
18/09/2023
18/11/2022
CASH
₹0.50
09/11/2022
21/11/2022

Venus Pipes & Tubes Ltd Dividend v/s Venus Pipes & Tubes Ltd Share price

FAQs

Venus Pipes & Tubes Ltd current market price is ₹2,130.60 per share

Venus Pipes & Tubes Ltd has declared dividend worth ₹1 in the last year.

Venus Pipes & Tubes Ltd has declared dividend worth ₹0.50 in the latest quarter.

Venus Pipes & Tubes Ltd has declared dividend on 09/05/2024 of ₹0.50.

Venus Pipes & Tubes Ltd has declared dividend 1 times of ₹0.50 in the current financial year (FY2024-2025)

Venus Pipes & Tubes Ltd has declared dividend 2 times of ₹1 in the previous financial year (FY2023-2024)