Investors can expect another Final Dividend from Deepak Spinners Ltd in 2024 within the Consumer Discretionary field
0.33%
Div. Yield
27.65%
Payout Rat.
Deepak Spinners Ltd has declared an Final Dividend for the year 2024. The dividend amount is ₹0.50 per share. The company’s shares are currently trading at ₹215.40. The ex-dividend date is August 22, 2024, and investors must hold shares before this date to be eligible for the dividend.
In 2023, the company declared a Final Dividend of ₹2.50 per share. The company’s payout ratio of 27.65% represents the proportion of earnings allocated to dividends. Deepak Spinners Ltd offers a dividend yield of 0.33%, providing a return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.23% |
| 2023 | 1.02% |
| 2022 | 1.12% |
| 2021 | 0.71% |
| 2020 | 2.30% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 22, 2024 | ₹0.50 | Final Dividend | ₹215.4 |
| July 4, 2023 | ₹2.50 | Final Dividend | ₹245.1 |
| June 21, 2022 | ₹2.50 | Final Dividend | ₹223.5 |
| September 14, 2021 | ₹2.00 | Final Dividend | ₹281.6 |
| March 16, 2020 | ₹1.50 | Interim Dividend | ₹65.1 |
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
Deepak Spinners Ltd has declared dividend worth ₹0.50
Deepak Spinners Ltd has declared dividend on August 22, 2024
As of February 17, 2025, the dividend yield for Deepak Spinners Ltd is 0.33%
The most recent dividend payment for Deepak Spinners Ltd was ₹0.50 per share.
The current dividend payout ratio for Deepak Spinners Ltd is 27.65%
