Anjani Foods Ltd Dividend 2024 : Should Anjani Foods Ltd be a part of your dividend portfolio?
Anjani Foods Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹114.14Cr. Its share price is ₹40.82 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Anjani Foods Ltd gave ₹0.80 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Anjani Foods Ltd pays dividends to reward its shareholders.
In the quarter ending March 2021, Anjani Foods Ltd has declared dividend of ₹0.80 - translating a dividend yield of 1.96%.
Let's look at Anjani Foods Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Anjani Foods Ltd’s revenue were ₹12.73Cr in the quarter ending March 2024. The revenue grew by 13.46% year on year basis since last quarter.
Anjani Foods Ltd’s profits were ₹0.35Cr in the quarter ending March 2024. The profits grew by 52.17% year on year basis since last quarter.
Anjani Foods Ltd’s dividend was ₹0.80 in the quarter ending March 2021.