Amba Enterprises Ltd Dividend 2024 : Should Amba Enterprises Ltd be a part of your dividend portfolio?
Amba Enterprises Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹200.92Cr. Its share price is ₹159.95 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Amba Enterprises Ltd gave ₹0.60 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Amba Enterprises Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Amba Enterprises Ltd has declared dividend of ₹0.30 - translating a dividend yield of 0.38%.
Let's look at Amba Enterprises Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Amba Enterprises Ltd’s revenue were ₹61.20Cr in the quarter ending December 2023. The revenue grew by 26.94% year on year basis since last quarter.
Amba Enterprises Ltd’s profits were ₹1.34Cr in the quarter ending December 2023. The profits grew by 44.09% year on year basis since last quarter.
Amba Enterprises Ltd’s dividend was ₹0.30 in the quarter ending June 2023.