Grindwell Norton Limited Stock Dividends
Grindwell Norton Limited Stock Dividends Overview
GRINDWELL.NS pays dividends yearly. Last paid amount was ₹14.50 at Aug 04, 2023. As of today, dividend yield (TTM) is 1.26%.
Dividend Yield Range
AI Analysis of GRINDWELL.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.26% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹14.50 |
| Next Ex-Dividend Date | Jul 09, 2024 |
| Next Payment Date | Aug 17, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from GRINDWELL the purchase should be done within the next 12 days.
Here's a simple guide on how to buy GRINDWELL stock.
GRINDWELL Dividend Payout History
To ensure a understanding of GRINDWELL's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 09, 2024 | Jul 09, 2024 | Aug 17, 2024 | ₹17.00 | 0.624% |
| 2 | Aug 04, 2023 | Aug 04, 2023 | Aug 04, 2023 | ₹14.50 | 0.635% |
| 3 | Aug 03, 2023 | Aug 03, 2023 | Aug 03, 2023 | ₹14.50 | 0.628% |
| 4 | Jul 19, 2022 | Jul 19, 2022 | Jul 19, 2022 | ₹12.00 | 0.714% |
| 5 | Jul 20, 2021 | Jul 20, 2021 | Jul 20, 2021 | ₹9.50 | 0.770% |
| 6 | Jul 19, 2021 | Jul 19, 2021 | Jul 19, 2021 | ₹9.50 | 0.746% |
| 7 | May 20, 2020 | Jul 16, 2020 | Jul 28, 2020 | ₹7.50 | 1.55% |
| 8 | Jul 17, 2019 | Jul 17, 2019 | Jul 17, 2019 | ₹6.00 | 1.03% |
| 9 | Jul 18, 2018 | Jul 18, 2018 | Jul 18, 2018 | ₹5.00 | 1.00% |
| 10 | May 23, 2017 | Jul 17, 2017 | Jul 28, 2017 | ₹4.00 | 0.95% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
GRINDWELL Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from GRINDWELL dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GRINDWELL stock here.
Comparing GRINDWELL to Sector and Country
GRINDWELL.NS pays a solid dividend yield of 1.26%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.167%). GRINDWELL.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.59%), which means that there are more attractive dividend stocks to consider.
