Alfa Ica (India) Ltd Dividend 2023 : Should Alfa Ica (India) Ltd be a part of your dividend portfolio?
Alfa Ica (India) Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹20.43Cr. Its share price is ₹50.12 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Alfa Ica (India) Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Alfa Ica (India) Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Alfa Ica (India) Ltd has declared dividend of ₹1 - translating a dividend yield of 2%.
Let's look at Alfa Ica (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Alfa Ica (India) Ltd’s revenue were ₹17.13Cr in the quarter ending June 2023. The revenuefell by -8.93% year on year basis since last quarter.
Alfa Ica (India) Ltd’s profits were ₹0.32Cr in the quarter ending June 2023. The profits fell by -5.88% year on year basis since last quarter.
Alfa Ica (India) Ltd’s dividend was ₹1 in the quarter ending March 2019.