WHEELS
Wheels India Ltd
₹573.25
Wheels India Ltd Dividend 2024 : Should Wheels India Ltd be a part of your dividend portfolio?
Wheels India Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,422.61Cr. Its share price is ₹573.25 as on 19 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Wheels India Ltd gave ₹15.27 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 Wheels India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Wheels India Ltd has declared dividend of ₹3.97 - translating a dividend yield of 2.66%.
Let's look at Wheels India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Wheels India Ltd’s revenue were ₹1,212.78Cr in the quarter ending December 2023. The revenue grew by 11% year on year basis since last quarter.
- Wheels India Ltd’s profits were ₹10.12Cr in the quarter ending December 2023. The profits fell by -15.53% year on year basis since last quarter.
- Wheels India Ltd’s dividend was ₹3.97 in the quarter ending March 2023.
Wheels India Ltd Dividend related ratios:
- Last dividend date: 18/05/2023
- Current Dividend Yield: 2.66%
- Annual dividend payment: ₹15.27
History of Wheels India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
12/07/2023 | CASH | ₹3.97 | 18/05/2023 | 13/07/2023 |
14/02/2023 | CASH | ₹3 | 31/01/2023 | 14/02/2023 |
05/07/2022 | CASH | ₹8.30 | 20/05/2022 | 07/07/2022 |
27/07/2021 | CASH | ₹1 | 21/05/2021 | 29/07/2021 |
22/07/2020 | CASH | ₹2.65 | 17/06/2020 | 24/07/2020 |
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