A-1 Acid Ltd Dividend 2024 : Should A-1 Acid Ltd be a part of your dividend portfolio?
A-1 Acid Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹412.79Cr. Its share price is ₹360.50 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, A-1 Acid Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as A-1 Acid Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, A-1 Acid Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.42%.
Let's look at A-1 Acid Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
A-1 Acid Ltd’s revenue were ₹41.28Cr in the quarter ending December 2023. The revenuefell by -48.3% year on year basis since last quarter.
A-1 Acid Ltd’s profits were ₹0.21Cr in the quarter ending December 2023. The profits grew by 10.53% year on year basis since last quarter.
A-1 Acid Ltd’s dividend was ₹1.50 in the quarter ending June 2023.