Advait Infratech Ltd Dividend 2024 : Should Advait Infratech Ltd be a part of your dividend portfolio?
Advait Infratech Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹1,807.75Cr. Its share price is ₹1,625 as on 14 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Advait Infratech Ltd gave ₹1.50 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 Advait Infratech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Advait Infratech Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.09%.
Let's look at Advait Infratech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Advait Infratech Ltd’s revenue were ₹60.46Cr in the quarter ending June 2024. The revenue grew by 117.4% year on year basis since last quarter.
Advait Infratech Ltd’s profits were ₹5.46Cr in the quarter ending June 2024. The profits grew by 271.43% year on year basis since last quarter.
Advait Infratech Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
Advait Infratech Ltd Dividend related ratios:
Last dividend date: 30/05/2024
Current Dividend Yield: 0.09%
Annual dividend payment: ₹1.50
History of Advait Infratech Ltd's Dividend payments