VRL Logistics Limited operates as a logistics and transport company. The company operates through four segments: Goods Transport, Bus Operations, Sale of Power, and Transport of Passengers by Air. The Goods Transport segment offers services for the transportation of goods using a range of road transportation solutions, including less than full truck load and full truck load for customers across 23 states and 4 union territories in India. This segment also provides courier services for the transportation of small parcels and documents through multi model solutions. The Bus Operations segment provides services of transportation solutions through buses in the states of Karnataka, Maharashtra, Andhra Pradesh, Tamil Nadu, Gujarat, Rajasthan, and Goa through its fleet of approximately 295 buses/coaches. The Sale of Power segment operates a wind farm that consists of wind turbine generators with a capacity of 1.25 MW. The Transport of Passengers by Air segment offers services for the transportation of passengers by air to the individuals and corporate representatives. The company was formerly known as Vijayanand Roadlines Ltd. and changed its name to VRL Logistics Limited in August 2006. VRL Logistics Limited was founded in 1976 and is based in Hubli, India.
VRL Logistics Dividend Announcement
• VRL Logistics announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-29
• VRL Logistics annual dividend for 2024 was ₹5.00
• VRL Logistics annual dividend for 2023 was ₹5.00
• VRL Logistics's trailing twelve-month (TTM) dividend yield is -%
• VRL Logistics's dividend growth over the last five years (2018-2023) was 7.39% year
VRL Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | ₹5.00 | annually | 2024-12-06 |
2023-07-31 | ₹5.00 | annually | 2023-08-24 |
2022-02-10 | ₹8.00 | annually | 2022-02-24 |
2021-07-29 | ₹4.00 | annually | 2021-08-27 |
2020-02-18 | ₹3.00 | annually | 2020-02-27 |
2019-11-21 | ₹4.00 | annually | 2019-11-27 |
2019-11-18 | ₹4.00 | annually | |
2019-08-01 | ₹2.00 | annually | 2019-08-30 |
2018-11-15 | ₹3.50 | annually | 2018-11-22 |
2017-02-02 | ₹4.00 | annually | 2017-02-13 |
2016-02-08 | ₹5.00 | annually | 2016-02-19 |
VRL Logistics Dividend per year
VRL Logistics Dividend growth
VRL Logistics Dividend Yield
VRL Logistics current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing VRL Logistics stock? Use our calculator to estimate your expected dividend yield:
VRL Logistics Financial Ratios
VRL Logistics Dividend FAQ
Other factors to consider when evaluating VRL Logistics 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.
Place an order: Use the brokerage's trading platform to place an order to buy VRL Logistics 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.
1. Determination of Dividend: VRL Logistics'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, VRL Logistics 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, VRL Logistics 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 VRL Logistics 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.
1. Record Date: VRL Logistics 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, VRL Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: VRL Logistics 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.
To assess the safety of VRL Logistics'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 VRL Logistics'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.