VINEETLAB
Vineet Laboratories Ltd
₹57.26
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 ₹52.32Cr. Its share price is ₹57.26 as on 26 July,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 1.75%.
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 ₹37.46Cr in the quarter ending March 2024. The revenuefell by -34.56% year on year basis since last quarter.
- Vineet Laboratories Ltd’s profits were ₹1.92Cr in the quarter ending March 2024. The profits fell by -45.92% 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: 1.75%
- Annual dividend payment: ₹1
History of Vineet Laboratories Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/09/2022 | CASH | ₹1 | 28/05/2022 | 20/09/2022 |
