Arvind SmartSpaces Ltd Dividend 2024 : Should Arvind SmartSpaces Ltd be a part of your dividend portfolio?
Arvind SmartSpaces Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹3,194.03Cr. Its share price is ₹753.45 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Arvind SmartSpaces Ltd gave ₹3.30 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Arvind SmartSpaces Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Arvind SmartSpaces Ltd has declared dividend of ₹1.65 - translating a dividend yield of 0.44%.
Let's look at Arvind SmartSpaces Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Arvind SmartSpaces Ltd’s revenue were ₹86.42Cr in the quarter ending December 2023. The revenue grew by 56.47% year on year basis since last quarter.
Arvind SmartSpaces Ltd’s profits were ₹9.40Cr in the quarter ending December 2023. The profits grew by 121.18% year on year basis since last quarter.
Arvind SmartSpaces Ltd’s dividend was ₹1.65 in the quarter ending March 2023.