Vodafone Idea Ltd Dividend 2024 : Should Vodafone Idea Ltd be a part of your dividend portfolio?
Vodafone Idea Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹87,758.16Cr. Its share price is ₹13.20 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vodafone Idea Ltd gave ₹1.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Communication Services stocks do not always pay a dividend but as Vodafone Idea Ltd pays dividends to reward its shareholders.
In the quarter ending March 2016, Vodafone Idea Ltd has declared dividend of ₹0.60 - translating a dividend yield of 9.09%.
Let's look at Vodafone Idea Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vodafone Idea Ltd’s revenue were ₹11,453.50Cr in the quarter ending December 2023. The revenue grew by 7.46% year on year basis since last quarter.
Vodafone Idea Ltd’s profits were ₹-6985.90Cr in the quarter ending December 2023. The profits grew by 12.57% year on year basis since last quarter.
Vodafone Idea Ltd’s dividend was ₹0.60 in the quarter ending March 2016.
Vodafone Idea Ltd Dividend related ratios:
Last dividend date: 28/04/2016
Current Dividend Yield: 9.09%
Annual dividend payment: ₹1.20
History of Vodafone Idea Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/09/2016
CASH
₹0.60
28/04/2016
24/09/2016
18/09/2015
CASH
₹0.60
28/04/2015
22/09/2015
18/09/2014
CASH
₹0.40
28/04/2014
20/09/2014
05/09/2013
CASH
₹0.30
25/04/2013
07/09/2013
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