Vikas Proppant & Granite Ltd Dividend 2024 : Should Vikas Proppant & Granite Ltd be a part of your dividend portfolio?
Vikas Proppant & Granite Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹28.31Cr. Its share price is ₹0.48 as on 5 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vikas Proppant & Granite Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Vikas Proppant & Granite Ltd pays dividends to reward its shareholders.
In the quarter ending December 2019, Vikas Proppant & Granite Ltd has declared dividend of ₹0.10 - translating a dividend yield of 20.83%.
Let's look at Vikas Proppant & Granite Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vikas Proppant & Granite Ltd’s profits were ₹0.06Cr in the quarter ending December 2021. The profits grew by 14.29% year on year basis since last quarter.
Vikas Proppant & Granite Ltd’s dividend was ₹0.10 in the quarter ending December 2019.
Vikas Proppant & Granite Ltd Dividend related ratios:
Last dividend date: 06/02/2020
Current Dividend Yield: 20.83%
Annual dividend payment: ₹0.10
History of Vikas Proppant & Granite Ltd's Dividend payments