Ami Organics Ltd Dividend 2024 : Should Ami Organics Ltd be a part of your dividend portfolio?
Ami Organics Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹4,535.57Cr. Its share price is ₹1,230.85 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Ami Organics Ltd gave ₹6 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 Ami Organics Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Ami Organics Ltd has declared dividend of ₹3 - translating a dividend yield of 0.49%.
Let's look at Ami Organics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Ami Organics Ltd’s revenue were ₹169.94Cr in the quarter ending December 2023. The revenue grew by 9.37% year on year basis since last quarter.
Ami Organics Ltd’s profits were ₹16.75Cr in the quarter ending December 2023. The profits fell by -24.82% year on year basis since last quarter.
Ami Organics Ltd’s dividend was ₹3 in the quarter ending March 2023.
Ami Organics Ltd Dividend related ratios:
Last dividend date: 13/05/2023
Current Dividend Yield: 0.49%
Annual dividend payment: ₹6
Ami Organics Ltd Dividend v/s Ami Organics Ltd Share price
History of Ami Organics Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
18/09/2023
CASH
₹3
13/05/2023
18/09/2023
29/07/2022
CASH
₹3
16/05/2022
01/08/2022
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