Vishal Bearings Ltd Dividend 2024 : Should Vishal Bearings Ltd be a part of your dividend portfolio?
Vishal Bearings Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹129.98Cr. Its share price is ₹120.60 as on 5 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vishal Bearings Ltd gave ₹0.50 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 Vishal Bearings Ltd pays dividends to reward its shareholders.
In the quarter ending September 2021, Vishal Bearings Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.41%.
Let's look at Vishal Bearings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vishal Bearings Ltd’s revenue were ₹23.28Cr in the quarter ending June 2024. The revenuefell by -17.51% year on year basis since last quarter.
Vishal Bearings Ltd’s profits were ₹-1.37Cr in the quarter ending June 2024. The profits fell by -221.24% year on year basis since last quarter.
Vishal Bearings Ltd’s dividend was ₹0.50 in the quarter ending September 2021.
Vishal Bearings Ltd Dividend related ratios:
Last dividend date: 27/10/2021
Current Dividend Yield: 0.41%
Annual dividend payment: ₹0.50
History of Vishal Bearings Ltd's Dividend payments