Accuracy Shipping Ltd Dividend 2023 : Should Accuracy Shipping Ltd be a part of your dividend portfolio?
Accuracy Shipping Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹134.75Cr. Its share price is ₹8.80 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Accuracy Shipping Ltd gave ₹0.75 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Accuracy Shipping Ltd pays dividends to reward its shareholders.
In the quarter ending June 2022, Accuracy Shipping Ltd has declared dividend of ₹0.25 - translating a dividend yield of 8.52%.
Let's look at Accuracy Shipping Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Accuracy Shipping Ltd’s revenue were ₹142.43Cr in the quarter ending June 2023. The revenuefell by -42.81% year on year basis since last quarter.
Accuracy Shipping Ltd’s profits were ₹-3.72Cr in the quarter ending June 2023. The profits fell by -274.65% year on year basis since last quarter.
Accuracy Shipping Ltd’s dividend was ₹0.25 in the quarter ending June 2022.