Archean Chemical Industries Ltd Dividend 2024 : Should Archean Chemical Industries Ltd be a part of your dividend portfolio?
The dividend is a percentage of earnings paid out to shareholders. Last year, Archean Chemical Industries Ltd gave ₹5.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Chemicals stocks do not always pay a dividend but as Archean Chemical Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Archean Chemical Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.74%.
Let's look at Archean Chemical Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Archean Chemical Industries Ltd’s revenue were ₹295.87Cr in the quarter ending March 2024. The revenuefell by -24.27% year on year basis since last quarter.
Archean Chemical Industries Ltd’s profits were ₹57.59Cr in the quarter ending March 2024. The profits fell by -57.81% year on year basis since last quarter.
Archean Chemical Industries Ltd’s dividend was ₹1 in the quarter ending March 2024.
Archean Chemical Industries Ltd Dividend related ratios:
Last dividend date: 14/05/2024
Current Dividend Yield: 0.74%
Annual dividend payment: ₹5.50
Archean Chemical Industries Ltd Dividend v/s Archean Chemical Industries Ltd Share price
History of Archean Chemical Industries Ltd's Dividend payments