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VINEETLAB

Vineet Laboratories Ltd

₹53.50

Vineet Laboratories Ltd Dividend 2024 : Should Vineet Laboratories Ltd be a part of your dividend portfolio?

Vineet Laboratories Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹50.29Cr. Its share price is ₹53.50 as on 21 May,2024.

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

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Vineet Laboratories Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2022, Vineet Laboratories Ltd has declared dividend of ₹1 - translating a dividend yield of 1.87%.

Let's look at Vineet Laboratories Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Vineet Laboratories Ltd’s revenue were ₹32.66Cr in the quarter ending December 2023. The revenuefell by -51.09% year on year basis since last quarter.
  • Vineet Laboratories Ltd’s profits were ₹-2.07Cr in the quarter ending December 2023. The profits fell by -248.92% year on year basis since last quarter.
  • Vineet Laboratories Ltd’s dividend was ₹1 in the quarter ending March 2022.

Vineet Laboratories Ltd Dividend related ratios:

  • Last dividend date: 28/05/2022
  • Current Dividend Yield: 1.87%
  • Annual dividend payment: ₹1

History of Vineet Laboratories Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
19/09/2022
CASH
₹1
28/05/2022
20/09/2022

FAQs

Vineet Laboratories Ltd current market price is ₹53.50 per share

Vineet Laboratories Ltd has declared dividend worth ₹1 in the latest quarter.

Vineet Laboratories Ltd has declared dividend on 28/05/2022 of ₹1.