7NR Retail Ltd Dividend 2023 : Should 7NR Retail Ltd be a part of your dividend portfolio?
7NR Retail Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹14.56Cr. Its share price is ₹0.53 as on 2 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, 7NR Retail Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as 7NR Retail Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, 7NR Retail Ltd has declared dividend of ₹0.05 - translating a dividend yield of 18.87%.
Let's look at 7NR Retail Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
7NR Retail Ltd’s revenue were ₹6.43Cr in the quarter ending June 2023. The revenuefell by -66.77% year on year basis since last quarter.
7NR Retail Ltd’s profits were ₹0.07Cr in the quarter ending June 2023. The profits fell by -41.67% year on year basis since last quarter.
7NR Retail Ltd’s dividend was ₹0.05 in the quarter ending March 2019.