Vakrangee Limited confirms Final Dividend details, contributing to strong market presence in 2024
0.32%
Div. Yield
121.78%
Payout Rat.
Vakrangee Limited has declared an Final Dividend of ₹0.05 per share for the year 2024. To be eligible for the dividend, investors must hold shares before the September 19, 2024, the set ex-dividend date. With the stock priced at ₹24.06, this payout is expected to be positively received by the market.
Building on last year’s Final Dividend of ₹0.05 per share, Vakrangee Limited continues its strong track record of rewarding shareholders. The company’s dividend payout ratio of 121.78% highlights its ability to strike a balance between reinvesting in growth and returning profits to shareholders. Currently, the dividend yield stands at 0.32%, showing the return investors receive relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.21% |
| 2023 | 0.32% |
| 2022 | 0.13% |
| 2021 | 0.27% |
| 2020 | 0.98% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| September 19, 2024 | ₹0.05 | Final Dividend | ₹24.06 |
| August 31, 2023 | ₹0.05 | Final Dividend | ₹15.5 |
| September 21, 2022 | ₹0.05 | Final Dividend | ₹39 |
| August 19, 2021 | ₹0.10 | Final Dividend | ₹37.15 |
| September 23, 2020 | ₹0.25 | Final Dividend | ₹25.45 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Vakrangee Limited has declared dividend worth ₹0.05
Vakrangee Limited has declared dividend on September 19, 2024
As of February 17, 2025, the dividend yield for Vakrangee Limited is 0.32%
The most recent dividend payment for Vakrangee Limited was ₹0.05 per share.
The current dividend payout ratio for Vakrangee Limited is 121.78%
