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VENUSPIPES

Venus Pipes & Tubes Ltd

₹2,091.55

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 ₹4,370.97Cr. Its share price is ₹2,091.55 as on 19 July,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 September 2023, 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 ₹224.25Cr in the quarter ending March 2024. The revenue grew by 26.82% year on year basis since last quarter.
  • Venus Pipes & Tubes Ltd’s profits were ₹25.04Cr in the quarter ending March 2024. The profits grew by 86.45% year on year basis since last quarter.
  • Venus Pipes & Tubes Ltd’s dividend was ₹0.50 in the quarter ending September 2023.

Venus Pipes & Tubes Ltd Dividend related ratios:

  • Last dividend date: 26/10/2023
  • Current Dividend Yield: 0.07%
  • Annual dividend payment: ₹1.50

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

History of Venus Pipes & Tubes Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
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

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FAQs

Venus Pipes & Tubes Ltd current market price is ₹2,091.55 per share

Venus Pipes & Tubes Ltd has declared dividend worth ₹0.50 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 26/10/2023 of ₹0.50.

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