Vipindustries Ltd confirms Interim Dividend details, contributing to strong market presence in 2024
0.59%
Div. Yield
52.28%
Payout Rat.
Vipindustries Ltd has declared an Interim Dividend of ₹2.00 per share for the year 2024. To be eligible for the dividend, investors must hold shares before the February 6, 2024, the set ex-dividend date. With the stock priced at ₹546.30, this payout is expected to be positively received by the market.
Building on last year’s Interim Dividend of ₹2.00 per share, Vipindustries Ltd continues its strong track record of rewarding shareholders. The company’s dividend payout ratio of 52.28% highlights its ability to strike a balance between reinvesting in growth and returning profits to shareholders. Currently, the dividend yield stands at 0.59%, showing the return investors receive relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.37% |
| 2023 | 0.29% |
| 2022 | 0.42% |
| 2020 | 0.71% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| February 6, 2024 | ₹2.00 | Interim Dividend | ₹546.3 |
| February 1, 2023 | ₹2.00 | Interim Dividend | ₹686.4 |
| November 2, 2022 | ₹2.50 | Interim Dividend | ₹730.9 |
| March 7, 2022 | ₹2.50 | Interim Dividend | ₹590.3 |
| February 23, 2020 | ₹3.20 | Interim Dividend | ₹450.3 |
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
Vipindustries Ltd has declared dividend worth ₹2.00
Vipindustries Ltd has declared dividend on February 6, 2024
As of February 17, 2025, the dividend yield for Vipindustries Ltd is 0.59%
The most recent dividend payment for Vipindustries Ltd was ₹2.00 per share.
The current dividend payout ratio for Vipindustries Ltd is 52.28%
