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Sula Vineyards Ltd Dividend 2024 Record Date, Share Price, History

Post Last Updates by Ankit: Monday, February 19, 2024 @ 4:09 PM

Sula Vineyards Ltd Dividend 2024 Record Date, Share Price, History

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News: Sula Vineyards Limited, India’s largest and only listed wine producer, has been making waves in the beverage industry. With its vineyards nestled in the scenic Nashik region, Sula has become synonymous with quality wines. In this article, we delve into Sula’s dividend history, the upcoming 2024 dividend, and its impact on shareholders.

Dividend Announcement

On May 15, 2023, Sula Vineyards declared an interim dividend of Rs. 4 per share for the face value of Rs. 2. This announcement was a welcome surprise for investors, especially during a time when the wine industry faced challenges due to the pandemic.

Dividend Yield

At the current share price of Rs. 617.55, this dividend translates to a yield of 0.85%. While this percentage might seem modest, it reflects Sula’s commitment to rewarding its shareholders.

Record Date

For those eyeing the 2024 dividend, mark your calendars! The record date is crucial. It determines who will receive the dividend. Investors who hold Sula Vineyards shares on the specified record date will be eligible for the dividend payout.

Share Price Trends

Sula Vineyards’ share price has been on an interesting journey. As of now, it stands at Rs. 617.55. Keep an eye on market trends and company performance to make informed decisions.

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About Sula Vineyards Ltd :

In the heart of Nashik, India’s Wine Capital, lies a remarkable winery that has redefined the art of winemaking. Sula Vineyards Ltd, founded by Rajeev Samant in 1999, stands as a testament to passion, innovation, and sustainability. Let’s delve into the fascinating journey of Sula and explore why it’s more than just a winery—it’s a celebration of fine wines and environmental consciousness.

The Visionary Beginnings

Rajeev Samant, with a vision to create world-class wines on Indian soil, established Sula Vineyards. His commitment to quality, coupled with a deep respect for nature, set the stage for something extraordinary. Sula became the first winery in Nashik, paving the way for India’s wine revolution.

India’s Most-Awarded Wine Brand

Sula’s accolades speak volumes. It’s not just a winery; it’s a brand that consistently raises the bar. From red wines to rose wines and white wines, Sula offers a diverse range that caters to every palate. But what truly sets Sula apart? It’s their unwavering dedication to sustainability and environmental protection.

Sustainability at the Core

At Sula, every grapevine is nurtured with care. Sustainable practices guide their vineyard management, ensuring minimal impact on the environment. Water conservation, organic farming, and biodiversity preservation are integral to their ethos. Sula’s commitment extends beyond the glass—it’s about leaving a greener footprint.

Wine Tourism and Beyond

Sula isn’t just about wine; it’s an experience. Visitors can explore the vineyards, taste exquisite wines, and savor delectable meals. Whether you’re a wine enthusiast or a curious traveler, Sula welcomes you to its picturesque estate. And if you’re wondering where to find them, look no further—Nashik and Bangalore house Sula’s domains.

Raise Your Glass to Sula

Next time you uncork a bottle of Sula wine, remember the sun-kissed vineyards, the passion of winemakers, and the commitment to our planet. Sula Vineyards Ltd isn’t just a brand; it’s a celebration of life, love, and the joy of raising a glass.

Sula Vineyards continues to be a beacon of excellence in the wine industry. Whether you’re a seasoned investor or a curious wine enthusiast, understanding Sula’s dividend history and staying informed about its share price can help you navigate the financial landscape. 

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