Archit Organosys Ltd Dividend 2024 : Should Archit Organosys Ltd be a part of your dividend portfolio?
Archit Organosys Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹100.96Cr. Its share price is ₹51.66 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Archit Organosys Ltd gave ₹1.25 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 Archit Organosys Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Archit Organosys Ltd has declared dividend of ₹0.50 - translating a dividend yield of 2.42%.
Let's look at Archit Organosys Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Archit Organosys Ltd’s revenue were ₹35.10Cr in the quarter ending March 2024. The revenuefell by -26.63% year on year basis since last quarter.
Archit Organosys Ltd’s profits were ₹1.79Cr in the quarter ending March 2024. The profits fell by -7.73% year on year basis since last quarter.
Archit Organosys Ltd’s dividend was ₹0.50 in the quarter ending March 2023.