In 2023, Sanghvi Movers Ltd rolls out Dividend for enhanced investor returns
1.23%
Div. Yield
13.82%
Payout Rat.
Sanghvi Movers Ltd has announced an Dividend of ₹4.00 per share for the year 2023. Shareholders must own shares before August 3, 2023 to be eligible for this dividend. The current share price stands at ₹597.90.
The company previously paid a Dividend of ₹1.00 per share in 2022. The company’s dividend payout ratio is 13.82%, indicating the percentage of profits returned to shareholders. The dividend yield of 1.23% provides a measure of the return relative to the stock price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | 0.67% |
| 2022 | 0.44% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 3, 2023 | ₹4.00 | Dividend | ₹597.9 |
| August 9, 2022 | ₹1.00 | Dividend | ₹225.3 |
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
Sanghvi Movers Ltd has declared dividend worth ₹4.00
Sanghvi Movers Ltd has declared dividend on August 3, 2023
As of February 17, 2025, the dividend yield for Sanghvi Movers Ltd is 1.23%
The most recent dividend payment for Sanghvi Movers Ltd was ₹4.00 per share.
The current dividend payout ratio for Sanghvi Movers Ltd is 13.82%
