Aartech Solonics Ltd Dividend 2023 : Should Aartech Solonics Ltd be a part of your dividend portfolio?
Aartech Solonics Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹182.47Cr. Its share price is ₹173.30 as on 2 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aartech Solonics 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 Aartech Solonics Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Aartech Solonics Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.58%.
Let's look at Aartech Solonics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aartech Solonics Ltd’s revenue were ₹7.18Cr in the quarter ending June 2023. The revenuefell by -32.07% year on year basis since last quarter.
Aartech Solonics Ltd’s profits were ₹0.73Cr in the quarter ending June 2023. The profits grew by 37.74% year on year basis since last quarter.
Aartech Solonics Ltd’s dividend was ₹0.50 in the quarter ending March 2023.