Hercules Hoists Ltd to offer Final Dividend in 2024, maintaining strong performance in Industrial Products
2.51%
Div. Yield
35.54%
Payout Rat.
Hercules Hoists Ltd has declared an Final Dividend for the year 2024, with a payout of ₹4.00 per share. The ex-dividend date has been set as August 4, 2024; owning shares before this date is necessary to qualify. The stock is currently trading at ₹618.00.
Building on its Final Dividend of ₹1.50 per share from 2023, the dividend payout ratio of 35.54% indicates the proportion of earnings distributed to shareholders. Hercules Hoists Ltd’s dividend yield of 2.51% provides a return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.65% |
| 2023 | 0.25% |
| 2022 | 0.52% |
| 2021 | 0.94% |
| 2020 | 2.03% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 4, 2024 | ₹4.00 | Final Dividend | ₹618 |
| August 3, 2023 | ₹1.50 | Final Dividend | ₹341.75 |
| February 21, 2023 | ₹0.50 | Interim Dividend | ₹201.1 |
| August 1, 2022 | ₹1.25 | Final Dividend | ₹133.3 |
| February 20, 2022 | ₹0.75 | Interim Dividend | ₹144.9 |
| July 29, 2021 | ₹1.50 | Final Dividend | ₹158.95 |
| September 7, 2020 | ₹1.80 | Dividend | ₹88.5 |
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
Hercules Hoists Ltd has declared dividend worth ₹4.00
Hercules Hoists Ltd has declared dividend on August 4, 2024
As of February 17, 2025, the dividend yield for Hercules Hoists Ltd is 2.51%
The most recent dividend payment for Hercules Hoists Ltd was ₹4.00 per share.
The current dividend payout ratio for Hercules Hoists Ltd is 35.54%
