Zim Laboratories Ltd Dividend 2024 : Should Zim Laboratories Ltd be a part of your dividend portfolio?
Zim Laboratories Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹523.80Cr. Its share price is ₹105.30 as on 8 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Zim Laboratories Ltd gave ₹1.50 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 Zim Laboratories Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Zim Laboratories Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.42%.
Let's look at Zim Laboratories Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Zim Laboratories Ltd’s revenue were ₹82.82Cr in the quarter ending June 2024. The revenue grew by 20.8% year on year basis since last quarter.
Zim Laboratories Ltd’s profits were ₹0.90Cr in the quarter ending June 2024. The profits grew by 291.3% year on year basis since last quarter.
Zim Laboratories Ltd’s dividend was ₹0.50 in the quarter ending March 2019.
Zim Laboratories Ltd Dividend related ratios:
Last dividend date: 22/05/2019
Current Dividend Yield: 1.42%
Annual dividend payment: ₹1.50
History of Zim Laboratories Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
19/09/2019
CASH
₹0.50
22/05/2019
23/09/2019
03/09/2018
CASH
₹1
14/08/2018
04/09/2018
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