Aaron Industries Ltd Dividend 2024 : Should Aaron Industries Ltd be a part of your dividend portfolio?
Aaron Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹276.60Cr. Its share price is ₹264.35 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aaron Industries Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Aaron Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Aaron Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.38%.
Let's look at Aaron Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aaron Industries Ltd’s revenue were ₹14.65Cr in the quarter ending December 2023. The revenue grew by 7.01% year on year basis since last quarter.
Aaron Industries Ltd’s profits were ₹1.20Cr in the quarter ending December 2023. The profits fell by -3.23% year on year basis since last quarter.
Aaron Industries Ltd’s dividend was ₹1 in the quarter ending March 2023.