Vascon Engineers Ltd confirms Interim Dividend details, contributing to strong market presence in 2023
0.66%
Div. Yield
8.27%
Payout Rat.
Vascon Engineers Ltd has declared an Interim Dividend of ₹0.25 per share for the year 2023. To be eligible for the dividend, investors must hold shares before the August 20, 2023, the set ex-dividend date. With the stock priced at ₹54.25, this payout is expected to be positively received by the market.
Building on last year’s Interim Dividend of ₹0.25 per share, Vascon Engineers Ltd continues its strong track record of rewarding shareholders. The company’s dividend payout ratio of 8.27% highlights its ability to strike a balance between reinvesting in growth and returning profits to shareholders. Currently, the dividend yield stands at 0.66%, showing the return investors receive relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | 0.46% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 20, 2023 | ₹0.25 | Interim Dividend | ₹54.25 |
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
Vascon Engineers Ltd has declared dividend worth ₹0.25
Vascon Engineers Ltd has declared dividend on August 20, 2023
As of February 17, 2025, the dividend yield for Vascon Engineers Ltd is 0.66%
The most recent dividend payment for Vascon Engineers Ltd was ₹0.25 per share.
The current dividend payout ratio for Vascon Engineers Ltd is 8.27%
