Vishal Fabrics Ltd Dividend 2024 : Should Vishal Fabrics Ltd be a part of your dividend portfolio?
Vishal Fabrics Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹650.73Cr. Its share price is ₹32.10 as on 1 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vishal Fabrics Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Vishal Fabrics Ltd pays dividends to reward its shareholders.
In the quarter ending June 2021, Vishal Fabrics Ltd has declared dividend of ₹0.50 - translating a dividend yield of 3.12%.
Let's look at Vishal Fabrics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vishal Fabrics Ltd’s dividend was ₹0.50 in the quarter ending June 2021.