Abirami Financial Services (India) Ltd Dividend 2024 : Should Abirami Financial Services (India) Ltd be a part of your dividend portfolio?
Abirami Financial Services (India) Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹28.22Cr. Its share price is ₹52.25 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Abirami Financial Services (India) Ltd gave ₹2 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 Abirami Financial Services (India) Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Abirami Financial Services (India) Ltd has declared dividend of ₹2 - translating a dividend yield of 3.83%.
Let's look at Abirami Financial Services (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Abirami Financial Services (India) Ltd’s revenue were ₹0.48Cr in the quarter ending December 2023. The revenue grew by 11.63% year on year basis since last quarter.
Abirami Financial Services (India) Ltd’s profits were ₹0.91Cr in the quarter ending December 2023. The profits grew by 237.04% year on year basis since last quarter.
Abirami Financial Services (India) Ltd’s dividend was ₹2 in the quarter ending June 2023.
Abirami Financial Services (India) Ltd Dividend related ratios: