VENUSPIPES
Venus Pipes & Tubes Ltd
₹2,106.60
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 ₹4,277.81Cr. Its share price is ₹2,106.60 as on 4 May,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 ₹209.13Cr in the quarter ending December 2023. The revenue grew by 53.3% year on year basis since last quarter.
- Venus Pipes & Tubes Ltd’s profits were ₹23.28Cr in the quarter ending December 2023. The profits grew by 106.38% 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
History of Venus Pipes & Tubes Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
