Varun Beverages Ltd confirms Interim Dividend details, contributing to strong market presence in 2023
0.21%
Div. Yield
6.52%
Payout Rat.
Varun Beverages Ltd has declared an Interim Dividend of ₹1.25 per share for the year 2023. To be eligible for the dividend, investors must hold shares before the August 13, 2023, the set ex-dividend date. With the stock priced at ₹849.40, this payout is expected to be positively received by the market.
Building on last year’s Final Dividend of ₹1.00 per share, Varun Beverages Ltd continues its strong track record of rewarding shareholders. The company’s dividend payout ratio of 6.52% highlights its ability to strike a balance between reinvesting in growth and returning profits to shareholders. Currently, the dividend yield stands at 0.21%, showing the return investors receive relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | - |
| 2022 | - |
| 2021 | - |
| 2020 | - |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 13, 2023 | ₹1.25 | Interim Dividend | ₹849.4 |
| April 11, 2023 | ₹1.00 | Final Dividend | ₹0 |
| August 10, 2022 | ₹2.50 | Interim Dividend | ₹0 |
| August 10, 2021 | ₹2.50 | Interim Dividend | ₹0 |
| August 13, 2020 | ₹2.50 | Interim Dividend | ₹0 |
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
Varun Beverages Ltd has declared dividend worth ₹1.25
Varun Beverages Ltd has declared dividend on August 13, 2023
As of February 17, 2025, the dividend yield for Varun Beverages Ltd is 0.21%
The most recent dividend payment for Varun Beverages Ltd was ₹1.25 per share.
The current dividend payout ratio for Varun Beverages Ltd is 6.52%
