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VETO

Veto Switchgears & Cables Ltd

₹137.73

Veto Switchgears & Cables Ltd Dividend 2024 : Should Veto Switchgears & Cables Ltd be a part of your dividend portfolio?

Veto Switchgears & Cables Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹263.79Cr. Its share price is ₹137.73 as on 20 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Veto Switchgears & Cables Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Industrials stocks do not always pay a dividend but as Veto Switchgears & Cables Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Veto Switchgears & Cables Ltd has declared dividend of ₹1 - translating a dividend yield of 0.73%.

Let's look at Veto Switchgears & Cables Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Veto Switchgears & Cables Ltd’s revenue were ₹83.03Cr in the quarter ending March 2024. The revenuefell by -3.4% year on year basis since last quarter.
  • Veto Switchgears & Cables Ltd’s profits were ₹2.12Cr in the quarter ending March 2024. The profits grew by 6% year on year basis since last quarter.
  • Veto Switchgears & Cables Ltd’s dividend was ₹1 in the quarter ending March 2023.

Veto Switchgears & Cables Ltd Dividend related ratios:

  • Last dividend date: 30/05/2023
  • Current Dividend Yield: 0.73%
  • Annual dividend payment: ₹1

Veto Switchgears & Cables Ltd Dividend v/s Veto Switchgears & Cables Ltd Share price

History of Veto Switchgears & Cables Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
22/09/2023
CASH
₹1
30/05/2023
23/09/2023
20/09/2022
CASH
₹1
26/05/2022
22/09/2022
21/09/2021
CASH
₹1
30/06/2021
23/09/2021
25/09/2018
CASH
₹2
28/05/2018
27/09/2018
25/09/2017
CASH
₹1
30/05/2017
27/09/2017
View More

FAQs

Veto Switchgears & Cables Ltd current market price is ₹137.73 per share

Veto Switchgears & Cables Ltd has declared dividend worth ₹1 in the latest quarter.

Veto Switchgears & Cables Ltd has declared dividend on 30/05/2023 of ₹1.

Veto Switchgears & Cables Ltd has declared dividend 1 times of ₹1 in the previous financial year (FY2023-2024)