Aarnav Fashions Ltd Dividend 2024 : Should Aarnav Fashions Ltd be a part of your dividend portfolio?
Aarnav Fashions Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹121.73Cr. Its share price is ₹29.10 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aarnav Fashions Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Aarnav Fashions Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Aarnav Fashions Ltd has declared dividend of ₹0.50 - translating a dividend yield of 3.44%.
Let's look at Aarnav Fashions Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aarnav Fashions Ltd’s revenue were ₹80.61Cr in the quarter ending December 2023. The revenue grew by 17.66% year on year basis since last quarter.
Aarnav Fashions Ltd’s profits were ₹1.36Cr in the quarter ending December 2023. The profits fell by -0.73% year on year basis since last quarter.
Aarnav Fashions Ltd’s dividend was ₹0.50 in the quarter ending March 2022.