Associated Alcohols Breweries Ltd announces Final Dividend in the Fast Moving Consumer Goods sector, showing strong prospects in Breweries & Distilleries
0.18%
Div. Yield
7.14%
Payout Rat.
Associated Alcohols Breweries Ltd, operating in the Fast Moving Consumer Goods sector, has declared its latest dividend. The company announced an Final Dividend of ₹2.00 per share for the year 2024. Shareholders should note that the ex-dividend date is July 25, 2024, meaning investors must own the shares before this date to qualify for the dividend. The current share price is ₹762.05.
Earlier in 2023, Associated Alcohols Breweries Ltd issued a Final Dividend of ₹1.00 per share. The company’s dividend payout ratio of 7.14% reflects the proportion of profits allocated as dividends. The dividend yield, currently at 0.18%, represents the return on investment relative to the share price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.26% |
| 2023 | 0.22% |
| 2022 | 0.23% |
| 2021 | 0.22% |
| 2020 | 0.35% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 25, 2024 | ₹2.00 | Final Dividend | ₹762.05 |
| July 25, 2023 | ₹1.00 | Final Dividend | ₹446.1 |
| July 27, 2022 | ₹1.00 | Final Dividend | ₹432.55 |
| August 11, 2021 | ₹1.00 | Final Dividend | ₹456.2 |
| August 26, 2020 | ₹1.00 | Final Dividend | ₹282.85 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 2.82% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.65% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.35% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.57% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 3.16% | 2.51% |
FAQs
Associated Alcohols Breweries Ltd has declared dividend worth ₹2.00
Associated Alcohols Breweries Ltd has declared dividend on July 25, 2024
As of February 17, 2025, the dividend yield for Associated Alcohols Breweries Ltd is 0.18%
The most recent dividend payment for Associated Alcohols Breweries Ltd was ₹2.00 per share.
The current dividend payout ratio for Associated Alcohols Breweries Ltd is 7.14%