Aban Offshore Ltd Dividend 2024 : Should Aban Offshore Ltd be a part of your dividend portfolio?
Aban Offshore Ltd is one of the most popular Energy company in the world with a market capitalisation of ₹409.14Cr. Its share price is ₹67.99 as on 13 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Aban Offshore Ltd gave ₹3.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Energy stocks do not always pay a dividend but as Aban Offshore Ltd pays dividends to reward its shareholders.
In the quarter ending March 2015, Aban Offshore Ltd has declared dividend of ₹3.60 - translating a dividend yield of 5.29%.
Let's look at Aban Offshore Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aban Offshore Ltd’s revenue were ₹273.38Cr in the quarter ending September 2024. The revenue grew by 264.36% year on year basis since last quarter.
Aban Offshore Ltd’s profits were ₹-115.31Cr in the quarter ending September 2024. The profits grew by 63.71% year on year basis since last quarter.
Aban Offshore Ltd’s dividend was ₹3.60 in the quarter ending March 2015.