Visaka Industries Limited Stock Dividends
VISAKAIND.NS used to pay dividends biannually. Last paid amount was ₹0.600 at Jun 15, 2023. As of today, dividend yield (TTM) is 0.703%.
Dividend Yield Range
Dividend Analysis | Generate |
Key Stats
Dividend Yield (TTM) | 0.703% |
---|---|
Frequency | Biannually |
1Y Growth | 0% |
Payout Ratio | 0 |
Amount Per Share | ₹0.600 |
Next Ex-Dividend Date | Jun 14, 2024 |
Next Payment Date | Aug 14, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from VISAKAIND the purchase should be done within the next 26 days.
Here's a simple guide on how to buy VISAKAIND stock.
VISAKAIND Dividend Payout History
To ensure a understanding of VISAKAIND'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 | |
---|---|---|---|---|---|
31 | Apr 25, 2006 | May 15, 2006 | May 31, 2006 | ₹3.00 | 13.46% |
32 | Jun 28, 2005 | Jul 13, 2005 | Jul 30, 2005 | ₹2.00 | 6.36% |
33 | Jul 10, 2004 | Jul 14, 2004 | Jul 30, 2004 | ₹1.00 | 11.35% |
34 | Apr 27, 2004 | May 28, 2004 | Jun 21, 2004 | ₹2.50 | 34.06% |
35 | May 19, 2003 | Jun 16, 2003 | Jul 03, 2003 | ₹2.20 | 35.43% |
36 | Jun 15, 2002 | Jul 11, 2002 | Jul 31, 2002 | ₹1.80 | 48.78% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
VISAKAIND Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from VISAKAIND 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 VISAKAIND stock here.
Comparing VISAKAIND to Sector and Country
VISAKAIND.NS pays a solid dividend yield of 0.703%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.218%). VISAKAIND.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.47%), which means that there are more attractive dividend stocks to consider.