company-logo

Vardhman Textiles Limited, together with its subsidiaries, manufactures and sells textiles and fibre in India, rest of Asia, the United States, Europe, and the Middle East. It offers yarns, fabrics, fibers, threads, and garments. The company also provides specialized greige and dyed yarns in cotton, polyester, acrylic, and various blends; and value added products, such as organic cotton, melange, core spun yarns, ultra yarns, gassed mercerized, super fine yarns, slub and cellulose yarns, and fancy yarns for hand knitting. In addition, it is involved in lending and investing activities; and the manufacture and sale of steel products, including hot rolled bars, and special and alloy steel for automotive, engineering, bearing, and allied industries. The company was formerly known as Mahavir Spinning Mills Limited and changed its name to Vardhman Textiles Limited in September 2006. Vardhman Textiles Limited was founded in 1965 and is based in Ludhiana, India.

Vardhman Textiles Dividend Announcement

Vardhman Textiles announced a annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-09-06
Vardhman Textiles annual dividend for 2024 was ₹4.00
Vardhman Textiles annual dividend for 2023 was ₹3.50
Vardhman Textiles's trailing twelve-month (TTM) dividend yield is 0.88%

Vardhman Textiles Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06₹4.00annually2024-09-10
2023-09-15₹3.50annually2023-10-30
2021-11-02₹34.00annually2021-11-26
2021-09-16₹17.50annually2021-10-28
2019-09-18₹17.50annually2019-10-30
2018-09-12₹15.00annually2018-10-27
2017-09-07₹15.00annually2017-10-22
2016-03-17₹15.00annually2016-03-31
2015-08-05₹10.00annually2015-10-04
2014-09-03₹6.00annually2014-10-24
2013-08-14₹6.00annually2013-09-30
2012-08-16₹4.50annually2012-10-01
2011-07-08₹4.50annually2011-08-10

Vardhman Textiles Dividend per year

Vardhman Textiles Dividend growth

Vardhman Textiles Dividend Yield

Vardhman Textiles current trailing twelve-month (TTM) dividend yield is 0.88%. Interested in purchasing Vardhman Textiles stock? Use our calculator to estimate your expected dividend yield:

Vardhman Textiles Financial Ratios

P/E ratio16.27
PEG ratio3.09
P/B ratio1.37
ROE8.69%
Payout ratio0.00%
Current ratio4.11
Quick ratio2.21
Cash Ratio0.05

Vardhman Textiles Dividend FAQ

How much is the next Vardhman Textiles dividend?
Vardhman Textiles's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Vardhman Textiles dividend. The next Vardhman Textiles dividend will be released in September.
When is Vardhman Textiles dividend paid?
Vardhman Textiles pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Vardhman Textiles pay?
The specific amount of Vardhman Textiles dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Vardhman Textiles's dividend history.
Does Vardhman Textiles stock pay dividends?
Yes, Vardhman Textiles does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Vardhman Textiles's dividend history.
How much dividend does Vardhman Textiles pay?
Vardhman Textiles paid ₹4.0 in 2024, ₹3.5 in 2023, ₹0.0 in 2022, ₹51.5 in 2021, and ₹0.0 in 2020.
How often does Vardhman Textiles pay dividends?
Vardhman Textiles typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Vardhman Textiles's dividend yield?
The current dividend yield for Vardhman Textiles is 0.88%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Vardhman Textiles's exact dividend yield.
When does Vardhman Textiles go ex dividend?
Vardhman Textiles's ex-dividend date for the latest dividend was on 2024-09-06. Vardhman Textiles typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Vardhman Textiles dividend paid?
Vardhman Textiles pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Vardhman Textiles increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Vardhman Textiles will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Vardhman Textiles dividend per share?
Vardhman Textiles paid ₹4.0 per share in 2024 and ₹3.5 per share in 2023. The amount of dividend per share that Vardhman Textiles pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Vardhman Textiles a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Vardhman Textiles a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Vardhman Textiles a dividend stock?
Yes, Vardhman Textiles is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Vardhman Textiles a good dividend stock?
Whether Vardhman Textiles is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Vardhman Textiles has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Vardhman Textiles as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Vardhman Textiles pay dividends monthly?
Vardhman Textiles typically pays dividends on a annually basis.
Does Vardhman Textiles pay dividends quarterly?
Vardhman Textiles currently pays dividends on a annually basis.
Has Vardhman Textiles ever paid a dividend?
Yes, Vardhman Textiles has a history of paying dividends to its shareholders. Vardhman Textiles is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Vardhman Textiles dividend stocks?
To buy Vardhman Textiles you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Vardhman Textiles stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Vardhman Textiles pay dividends 2024?
Vardhman Textiles pays dividends on a annually basis. 2024 dividend payments are in 2024-09-10. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Vardhman Textiles increase its dividend in 2024?
Decisions regarding Vardhman Textiles dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Vardhman Textiles dividend overview you can look into the above table of dividend history.
How Vardhman Textiles dividend works?
The Vardhman Textiles dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Vardhman Textiles's dividend process works:

1. Determination of Dividend: Vardhman Textiles's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Vardhman Textiles publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Vardhman Textiles distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Vardhman Textiles are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Vardhman Textiles dividends paid?
Vardhman Textiles dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Vardhman Textiles sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Vardhman Textiles distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Vardhman Textiles declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Vardhman Textiles pay dividends?
Vardhman Textiles typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Vardhman Textiles pay dividends?
The general pattern is that Vardhman Textiles pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Vardhman Textiles dividend safe?
The safety of Vardhman Textiles's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Vardhman Textiles's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Vardhman Textiles's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.